https://www.taxtmi.com/circulars?id=4306 Policy liberalises external commercial borrowings by increasing Approval Route thresholds for rupee expenditure-raising limits for infrastructure borrowers and enhancing limits for other borrowers-and by raising all in cost ceilings over the applicable six month LIBOR for specified average maturity periods. These cost and limit changes apply to ECB under both Automatic and Approval Routes and take effect immediately, with other ECB conditions, per company automatic route ceilings, maturity, prepayment, refinancing and reporting requirements remaining unchanged. en-us Thu, 29 May 2008 00:00:00 +0530 Wed, 01 Oct 2008 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4306 Policy liberalises external commercial borrowings by increasing Approval Route thresholds for rupee expenditure-raising limits for infrastructure borrowers and enhancing limits for other borrowers-and by raising all in cost ceilings over the applicable six month LIBOR for specified average maturity periods. These cost and limit changes apply to ECB under both Automatic and Approval Routes and take effect immediately, with other ECB conditions, per company automatic route ceilings, maturity, prepayment, refinancing and reporting requirements remaining unchanged. Circulars FEMA Thu, 29 May 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4306