<h1>ECB Policy Update: Temporary Removal of Cost Ceilings and Increased Access for Corporates and NBFCs Until June 2009.</h1> The External Commercial Borrowing (ECB) policy has been updated to align with current economic conditions and market needs. The all-in-cost ceilings on ECBs are temporarily removed until June 30, 2009. Corporates developing integrated townships can now access ECBs under the Approval Route. Non-Banking Financial Companies (NBFCs) focused on infrastructure can obtain ECBs from specific financial institutions, maintaining a 3:1 lending ratio. The services sector, including hotels, hospitals, and software, can access ECBs up to USD 100 million annually for capital expenditure under the Automatic Route. The investment limit for Foreign Institutional Investors (FIIs) in corporate debt is increased to USD 15 billion.