https://www.taxtmi.com/circulars?id=11457 This Master Circular consolidates RBI instructions under the Foreign Exchange Management framework on external commercial borrowings and trade credits for residents, specifying eligibility criteria, recognised lenders, amount and maturity parameters and classification under the automatic route, with underlying circulars listed in an appendix and consolidation effective up to January 5, 2012. en-us Fri, 20 Jan 2012 00:00:00 +0530 Wed, 11 Feb 2026 15:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11457 This Master Circular consolidates RBI instructions under the Foreign Exchange Management framework on external commercial borrowings and trade credits for residents, specifying eligibility criteria, recognised lenders, amount and maturity parameters and classification under the automatic route, with underlying circulars listed in an appendix and consolidation effective up to January 5, 2012. Circulars FEMA Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11457