https://www.taxtmi.com/circulars?id=52227 The scheme permitting External Commercial Borrowings in Renminbi for infrastructure-sector Indian companies under an approval route and subject to an annual cap is discontinued from the date of the circular; AD Category I banks must notify their constituents and customers. The directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are without prejudice to other legal permissions. en-us Tue, 25 Jun 2013 00:00:00 +0530 Tue, 25 Jun 2013 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52227 The scheme permitting External Commercial Borrowings in Renminbi for infrastructure-sector Indian companies under an approval route and subject to an annual cap is discontinued from the date of the circular; AD Category I banks must notify their constituents and customers. The directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are without prejudice to other legal permissions. Circulars FEMA Tue, 25 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52227