<h1>India Revises ECB Policy: Increased Borrowing Limits for Infrastructure and Other Sectors, Adjusted Cost Ceilings, Enhanced FII Investment Caps.</h1> The government, in consultation with the Reserve Bank of India, has modified the External Commercial Borrowing (ECB) policy. Infrastructure sector borrowers can now avail ECB up to USD 100 million for Rupee expenditure under the Approval Route, while other borrowers' limits have increased from USD 20 million to USD 50 million. The all-in-cost ceilings for ECB have been adjusted, with new limits set at 200 bps for three to five years and 350 bps for over five years. Additionally, the investment limits for Foreign Institutional Investors in government securities and corporate bonds have increased to USD 5 billion and USD 3 billion, respectively.