All-in-cost ceiling for External Commercial Borrowings maintained, ECB policy otherwise unchanged; banks to notify customers. Continuation of the all-in-cost ceiling for External Commercial Borrowings is directed, keeping the previously specified ceiling applicable until review, with all other aspects of the ECB policy unchanged; Authorized Dealer Category-I banks must notify constituents and customers. The directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are subject to any other statutory permissions or approvals.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
All-in-cost ceiling for External Commercial Borrowings maintained, ECB policy otherwise unchanged; banks to notify customers.
Continuation of the all-in-cost ceiling for External Commercial Borrowings is directed, keeping the previously specified ceiling applicable until review, with all other aspects of the ECB policy unchanged; Authorized Dealer Category-I banks must notify constituents and customers. The directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are subject to any other statutory permissions or approvals.
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