https://www.taxtmi.com/circulars?id=11481 Designated AD Category I banks are authorised to approve specified post LRN modifications to ECBs: reductions in loan amount (automatic route) with lender consent, maintained average maturity, and submitted monthly ECB 2 returns; drawdown schedule changes that reduce declared average maturity provided repayment schedule is unchanged, reduced maturity meets minimum requirements, cost changes stem only from maturity change, and ECB 2 returns are filed; and reductions in all in cost with lender consent and ECB 2 filings. Elongation/rollover beyond original maturity requires RBI approval. All approvals must comply with extant ECB guidelines and be reported to DSIM in Form 83. en-us Tue, 07 Feb 2012 00:00:00 +0530 Wed, 08 Feb 2012 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11481 Designated AD Category I banks are authorised to approve specified post LRN modifications to ECBs: reductions in loan amount (automatic route) with lender consent, maintained average maturity, and submitted monthly ECB 2 returns; drawdown schedule changes that reduce declared average maturity provided repayment schedule is unchanged, reduced maturity meets minimum requirements, cost changes stem only from maturity change, and ECB 2 returns are filed; and reductions in all in cost with lender consent and ECB 2 filings. Elongation/rollover beyond original maturity requires RBI approval. All approvals must comply with extant ECB guidelines and be reported to DSIM in Form 83. Circulars FEMA Tue, 07 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11481