https://www.taxtmi.com/news?id=11660 The Reserve Bank confirmed in AP/Dir Circular No.30 that funding of overseas direct investments by way of External Commercial Borrowings will continue to be subject to the earlier limit of 400 per cent of net worth rather than the revised 100 per cent ceiling, addressing stakeholder queries arising from the August 14, 2013 guidelines revisions. en-us Wed, 04 Sep 2013 13:01:56 +0530 Wed, 04 Sep 2013 13:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11660 The Reserve Bank confirmed in AP/Dir Circular No.30 that funding of overseas direct investments by way of External Commercial Borrowings will continue to be subject to the earlier limit of 400 per cent of net worth rather than the revised 100 per cent ceiling, addressing stakeholder queries arising from the August 14, 2013 guidelines revisions. News - Wed, 04 Sep 2013 13:01:56 +0530 https://www.taxtmi.com/news?id=11660