https://www.taxtmi.com/news?id=3989 Successful spectrum auction bidders may refinance Rupee loans taken for upfront payments with long term ECB under the automatic route, obtain short term foreign currency bridge finance under the automatic route to make upfront payments and later replace it with long term ECB under the automatic route, and avail ECB from their ultimate parent company without a maximum ECB liability-equity ratio, all subject to specified conditions and a forthcoming regulatory circular implementing these relaxations. en-us Fri, 09 Nov 2012 14:03:08 +0530 Fri, 09 Nov 2012 14:03:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3989 Successful spectrum auction bidders may refinance Rupee loans taken for upfront payments with long term ECB under the automatic route, obtain short term foreign currency bridge finance under the automatic route to make upfront payments and later replace it with long term ECB under the automatic route, and avail ECB from their ultimate parent company without a maximum ECB liability-equity ratio, all subject to specified conditions and a forthcoming regulatory circular implementing these relaxations. News - Fri, 09 Nov 2012 14:03:08 +0530 https://www.taxtmi.com/news?id=3989