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      FEMA - FAQ

      Home› Manuals List › FEMA › FEMA - FAQ › External Commercial Borrowings (ECB) and Trade Credits - As on Jun 26, 2023 › This
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      Can ECB proceeds be used by eligible resident borrowers for investment in their overseas JV/WOS as per the extant overseas investment guidelines?

      External Commercial Borrowings (ECB) and Trade Credits - As on Jun 26, 2023

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      Use of ECB proceeds for overseas investment permitted under overseas investment guidelines for eligible resident borrowers.
      Use of External Commercial Borrowings by eligible resident borrowers is permissible for investment into their overseas joint ventures or wholly owned ... Summary

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