https://www.taxtmi.com/circulars?id=52231 Eligible non-resident entities may provide credit enhancement for INR-denominated bonds and debentures issued under the automatic ECB route by all borrowers eligible to raise ECBs automatically. Minimum average maturity for such instruments is reduced to three years, with prepayment and call/put options prohibited up to that period. If a guarantor meets the liability and foreign-currency repayment to the non-resident is permissible, prevailing all-in-cost ceilings for the relevant Trade Credit/ECB maturity will apply to the novated loan. en-us Wed, 26 Jun 2013 00:00:00 +0530 Tue, 13 Jan 2026 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52231 Eligible non-resident entities may provide credit enhancement for INR-denominated bonds and debentures issued under the automatic ECB route by all borrowers eligible to raise ECBs automatically. Minimum average maturity for such instruments is reduced to three years, with prepayment and call/put options prohibited up to that period. If a guarantor meets the liability and foreign-currency repayment to the non-resident is permissible, prevailing all-in-cost ceilings for the relevant Trade Credit/ECB maturity will apply to the novated loan. Circulars FEMA Wed, 26 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52231