External Commercial Borrowings: consolidated RBI framework sets routes, eligibility, permitted end uses and compliance requirements for overseas borrowings. Consolidated RBI framework governs resident access to overseas funding via External Commercial Borrowings and Trade Credits under two routes - Automatic and Approval - defining eligible borrowers, recognised lenders, ceilings on amounts and minimum average maturities, all in cost limits, permitted and prohibited end uses, security and guarantee rules, parking of proceeds, prepayment/refinance criteria, reporting (Form 83, ECB 2) and delegated powers to Authorised Dealer Category I banks, with compliance obligations and FEMA enforcement measures.
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.
External Commercial Borrowings: consolidated RBI framework sets routes, eligibility, permitted end uses and compliance requirements for overseas borrowings.
Consolidated RBI framework governs resident access to overseas funding via External Commercial Borrowings and Trade Credits under two routes - Automatic and Approval - defining eligible borrowers, recognised lenders, ceilings on amounts and minimum average maturities, all in cost limits, permitted and prohibited end uses, security and guarantee rules, parking of proceeds, prepayment/refinance criteria, reporting (Form 83, ECB 2) and delegated powers to Authorised Dealer Category I banks, with compliance obligations and FEMA enforcement measures.
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