https://www.taxtmi.com/circulars?id=2139 The circular revises the Reserve Bank's External Commercial Borrowings framework by codifying two access routes-Automatic and Approval-and prescribing eligible borrowers, recognised lender credentials including minimum foreign equity holding thresholds, minimum average maturities, all-in-cost ceilings, permitted end-uses, security and parking requirements, prepayment and refinancing conditions, and mandatory reporting and disclosure obligations; FCCBs and domestic structured obligations are addressed within the same regulatory framework. en-us Mon, 01 Aug 2005 00:00:00 +0530 Fri, 03 Oct 2008 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2139 The circular revises the Reserve Bank's External Commercial Borrowings framework by codifying two access routes-Automatic and Approval-and prescribing eligible borrowers, recognised lender credentials including minimum foreign equity holding thresholds, minimum average maturities, all-in-cost ceilings, permitted end-uses, security and parking requirements, prepayment and refinancing conditions, and mandatory reporting and disclosure obligations; FCCBs and domestic structured obligations are addressed within the same regulatory framework. Circulars FEMA Mon, 01 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2139