Relaxation of External Commercial Borrowings (ECB) in Indian Rupees

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Relaxation of External Commercial Borrowings (ECB) in Indian Rupees
News and Press Release
Dated:- 4-9-2014

With a view to providing greater flexibility for structuring of External Comme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rcial Borrowings (ECB) arrangements, it has been decided that all recognised non-resident ECB lenders may extend loans in Indian Rupees by mobilising Indian Rupees through swaps undertaken with an Aut .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... horised Dealer Category I bank in India in terms of A.P. (DIR Series) Circular No. 25 dated September 03, 2014. At present all eligible borrowers are eligible to raise ECB in Indian Rupees only from t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... heir foreign equity holders. Alpana Killawala Principal Chief General Manager
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X