External Commercial Borrowings (ECB) Policy – Review of all-in-cost ceiling

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..... (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 99 dated March 30, 2012 and A.P. (DIR Series) Circular No. 40 dated October 09, 2012 relating to ECB. 2. It has been decided that the all-in-cost ceiling as specified in A.P. (DIR Series) Circular No. 99 dated March 30, 2012 will continue to be applicable till March 31, 2013 and subject to review thereafter. All other aspe .....

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