https://www.taxtmi.com/circulars?id=52808 RBI delegates authority to AD Category-I banks to approve under the automatic route ECBs from direct and indirect foreign equity holders and group companies for specified sectors (manufacturing, infrastructure, hotels, hospitals, software), miscellaneous services (limited to training, R&D and infrastructure-support), ECBs for general corporate purpose from direct equity holders, and change-of-lender requests where the ECB originates from a foreign equity holder or group company, subject to all existing ECB terms and conditions. en-us Fri, 16 May 2014 00:00:00 +0530 Sat, 17 May 2014 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52808 RBI delegates authority to AD Category-I banks to approve under the automatic route ECBs from direct and indirect foreign equity holders and group companies for specified sectors (manufacturing, infrastructure, hotels, hospitals, software), miscellaneous services (limited to training, R&D and infrastructure-support), ECBs for general corporate purpose from direct equity holders, and change-of-lender requests where the ECB originates from a foreign equity holder or group company, subject to all existing ECB terms and conditions. Circulars FEMA Fri, 16 May 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52808