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    <title>Extension of scheme of raising External Commercial Borrowings (ECB) by eligible borrowers for low cost affordable housing projects till 31-3-2016.</title>
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    <description>Continuation of the scheme permitting External Commercial Borrowings (ECB) for low cost affordable housing projects under the approval route, on the same terms and conditions as earlier A.P. (DIR Series) Circulars; Authorised Dealer Category I banks to notify constituents. Directions issued under the Foreign Exchange Management Act and without prejudice to other statutory permissions.</description>
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