External Commercial Borrowings: eligible borrowers may raise both foreign currency and INR ECBs if ECB guidelines are complied with. An eligible borrower may raise both foreign currency and INR denominated ECBs concurrently provided each borrowing complies with the ECB guidelines ... Summary
External Commercial Borrowings: eligible borrowers may raise both foreign currency and INR ECBs if ECB guidelines are complied with.
An eligible borrower may raise both foreign currency and INR denominated ECBs concurrently provided each borrowing complies with the ECB guidelines applicable to its currency as prescribed by the Reserve Bank; the borrower's individual ECB limit aggregates all ECBs irrespective of currency and must be observed for eligibility and compliance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
