TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Updates ECB Guidelines: New Borrower Access, Increased Prepayment Limits, and Expanded Approval Routes for Housing Finance.</h1> The circular issued by the Reserve Bank of India (RBI) outlines revised guidelines for External Commercial Borrowings (ECB) to align with the current macroeconomic conditions. Key changes include allowing non-banking financial companies to access ECB for infrastructure equipment leasing, expanding the approval route for Foreign Currency Convertible Bonds by housing finance companies, and increasing the prepayment limit to USD 200 million without prior RBI approval. The ECB policy specifies eligible borrowers, recognized lenders, permissible end-uses, and cost ceilings. The guidelines also address the procedures for raising ECB under both the Automatic and Approval Routes, including reporting requirements and dissemination of information.
TaxTMI 
TaxTMI 
