https://www.taxtmi.com/circulars?id=7986 Credit enhancement by eligible non-resident entities is permitted for domestic rupee denominated capital market instruments issued by infrastructure companies and RBI classified Infrastructure Finance Companies, subject to conditions: providers limited to multilateral/regional and government development institutions; minimum average maturity of seven years; no prepayment or call/put options up to seven years; guarantee fees capped at 2%; invocation and novation to eligible non-residents subject to applicable all in cost ceilings; IFCs must meet eligibility/prudential norms and fully hedge foreign currency designation; ECB reporting rules apply. en-us Tue, 02 Mar 2010 00:00:00 +0530 Tue, 13 Jan 2026 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7986 Credit enhancement by eligible non-resident entities is permitted for domestic rupee denominated capital market instruments issued by infrastructure companies and RBI classified Infrastructure Finance Companies, subject to conditions: providers limited to multilateral/regional and government development institutions; minimum average maturity of seven years; no prepayment or call/put options up to seven years; guarantee fees capped at 2%; invocation and novation to eligible non-residents subject to applicable all in cost ceilings; IFCs must meet eligibility/prudential norms and fully hedge foreign currency designation; ECB reporting rules apply. Circulars FEMA Tue, 02 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7986