ECB by Construction company

[Mukund Honkan]

Pl. let us know to what extent Indian Construction company (category SME) can have external commercial borrowings? I sRBI permission is required? what are restrictions on repayment of of loan & interest? Thanks Mukund M Honkan

AI Summary

Indian SME Construction Company Queries RBI Permission for External Commercial Borrowings; Consult ECB Guidelines for Details An individual inquired about the extent to which an Indian construction company, classified as an SME, can engage in external commercial borrowings and whether permission from the Reserve Bank of India (RBI) is required, as well as the restrictions on loan and interest repayment. The response advised consulting the RBI's ECB Guidelines for detailed information and offered assistance via email.