Can I read ECB Guidelines Update by RBI on EtoBox?

ECB Guidelines Update by RBI by Shilpa Sharma is a document available to read on EtoBox.

What is ECB Guidelines Update by RBI about?

The Reserve Bank of India (RBI) issued a circular to update authorized dealer banks on changes to external commercial borrowing (ECB) limits and terms under the automatic route. Key points: 1. The ECB limit under the automatic route was increased to USD 750 million per year for eligible borrowers for permitted end-uses. 2. Revised average maturity guidelines were outlined based on ECB amount: a) 3 years for up to USD 20 million, and b) 5 years for USD 20-750 million. 3. Borrowers can now raise foreign

Author

Shilpa Sharma

Language

EN