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of <h1>RBI Revises ECB Policy: Increases Borrowing Limits for Infrastructure and Other Sectors, Raises All-In-Cost Ceilings.</h1> The Reserve Bank of India has revised the External Commercial Borrowings (ECB) policy, increasing the borrowing limit for infrastructure sector entities to USD 100 million and for other borrowers to USD 50 million for Rupee expenditure under the Approval Route. Additionally, the all-in-cost ceilings over 6 Months LIBOR have been raised to 200 basis points for loans with a maturity of three to five years and 350 basis points for loans exceeding five years. These changes are effective immediately, while other ECB policy aspects remain unchanged. Amendments to the Foreign Exchange Management Regulations will follow separately.
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