https://www.taxtmi.com/news?id=753 The overseas borrowing limit for Indian companies (excluding hotels, hospitals and software) allows External Commercial Borrowings for rupee and foreign currency expenditure under an Automatic Route up to a prescribed ceiling per financial year, with an additional amount available under an Approval Route subject to conditions including an average maturity requirement; ECB policy and overall limits are reviewed regularly and were not increased in the January 2009 modifications. en-us Wed, 18 Feb 2009 16:56:24 +0530 Wed, 18 Feb 2009 16:56:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=753 The overseas borrowing limit for Indian companies (excluding hotels, hospitals and software) allows External Commercial Borrowings for rupee and foreign currency expenditure under an Automatic Route up to a prescribed ceiling per financial year, with an additional amount available under an Approval Route subject to conditions including an average maturity requirement; ECB policy and overall limits are reviewed regularly and were not increased in the January 2009 modifications. News - Wed, 18 Feb 2009 16:56:24 +0530 https://www.taxtmi.com/news?id=753