https://www.taxtmi.com/news?id=706 The ECB policy review dispenses with the requirement of all-in-cost ceilings until review and allows borrowers exceeding prior ceilings to seek approval from the Reserve Bank; concurrently, it permits integrated township developers and specified NBFCs to access ECBs under the approval route (with a direct-lending ratio condition), moves certain services sector capital expenditure ECBs to the automatic route (excluding land acquisition), and raises the FII corporate debt investment ceiling, with changes effective on RBI notification. en-us Fri, 02 Jan 2009 21:22:45 +0530 Fri, 02 Jan 2009 21:22:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=706 The ECB policy review dispenses with the requirement of all-in-cost ceilings until review and allows borrowers exceeding prior ceilings to seek approval from the Reserve Bank; concurrently, it permits integrated township developers and specified NBFCs to access ECBs under the approval route (with a direct-lending ratio condition), moves certain services sector capital expenditure ECBs to the automatic route (excluding land acquisition), and raises the FII corporate debt investment ceiling, with changes effective on RBI notification. News - Fri, 02 Jan 2009 21:22:45 +0530 https://www.taxtmi.com/news?id=706