Vardeman regarding the delayed payment for board, referring to "delinquent rentals" and "delayed remittances" in a rather confused strain.
However, Ant's international expansion has hit one hurdle after its sweetened bid for MoneyGram came under attack from US lawmakers and rival bidder Euronet even after it was backed by most shareholders in the US remittances group.
The limits include tighter approvals for foreign acquisitions by Chinese companies, increased disclosure requirements on forex purchases by individuals and limits on banks' cross-border renminbi remittances.
The chunky surplus on invisibles owes more to remittances: non-resident Indians, attracted by the stability of the rupee and its higher interest rates, have been moving their offshore deposits back home.
