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    <title>External Commercial Borrowings (ECB) Policy: Re-schedulement of ECB - Simplification of procedure.</title>
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    <description>Designated Authorised Dealer Category I banks may permit a one-time re-schedulement of ECB drawdown or repayment schedules before original maturity, for ECBs under both automatic and approval routes but excluding FCCBs, provided there is no increase in interest rate or additional cost, any all-in-cost change only reflects average maturity alteration and complies with guidelines, borrower eligibility and lender prudential norms are met, borrowers are not on default/caution lists or under enforcement investigation, and revised details are reported on the prescribed form.</description>
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