https://www.taxtmi.com/circulars?id=57584 The Reserve Bank amended the ECB framework for infrastructure borrowers by reducing the minimum average maturity applicable to certain ECBs and lowering the average maturity threshold for exemption from mandatory hedging, resulting in intermediate tenor infrastructure ECBs being subject to 100% mandatory hedging; existing hedges need not be rolled over, other ECB policy provisions remain unchanged, and AD Category I banks are to inform constituents while the Master Direction will be updated. en-us Tue, 06 Nov 2018 00:00:00 +0530 Thu, 08 Nov 2018 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57584 The Reserve Bank amended the ECB framework for infrastructure borrowers by reducing the minimum average maturity applicable to certain ECBs and lowering the average maturity threshold for exemption from mandatory hedging, resulting in intermediate tenor infrastructure ECBs being subject to 100% mandatory hedging; existing hedges need not be rolled over, other ECB policy provisions remain unchanged, and AD Category I banks are to inform constituents while the Master Direction will be updated. Circulars FEMA Tue, 06 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57584