All-in-cost ceiling for External Commercial Borrowings extended until end of September, remaining subject to review and compliance. The all-in-cost ceiling for External Commercial Borrowings is extended as the operative cap through September 30, 2013, subject to review; all other ECB policy provisions remain unchanged and Authorized Dealer Category-I banks are to inform constituents. The directions are issued under the Foreign Exchange Management Act and do not affect permissions required under other laws.
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Provisions expressly mentioned in the judgment/order text.
All-in-cost ceiling for External Commercial Borrowings extended until end of September, remaining subject to review and compliance.
The all-in-cost ceiling for External Commercial Borrowings is extended as the operative cap through September 30, 2013, subject to review; all other ECB policy provisions remain unchanged and Authorized Dealer Category-I banks are to inform constituents. The directions are issued under the Foreign Exchange Management Act and do not affect permissions required under other laws.
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