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    <title>External Commercial Borrowings (ECB) Policy – Simplification of Procedure</title>
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    <description>Authorised dealer Category I banks may permit modifications to ECB terms-changes in draw down and repayment schedules, reductions in amount, and increases in all in cost-provided revised average maturity and/or all in cost conform to applicable ceilings and guidelines and changes occur during the ECB tenure; lender changes and transfers on corporate reorganisations are allowed after ensuring borrower eligibility and continued compliance.</description>
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