https://www.taxtmi.com/notifications?id=127472 A comprehensive Reserve Bank framework regulates cross border borrowing and lending by Indian residents, prohibiting such transactions except as permitted and authorising the Reserve Bank to allow exceptions. It defines key terms, restricted end-uses and eligible borrowers, and establishes regimes for External Commercial Borrowings, Trade Credit and External Commercial Lending. Schedules set currency, forms, eligibility, maturities, recognised lenders, cost ceilings, limits, security, drawdown/registration, reporting, servicing, hedging and available routes (automatic or approval), with special provisions for individuals, financial institutions and changes in residential status. en-us Mon, 17 Dec 2018 00:00:00 +0530 Mon, 24 Dec 2018 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127472 A comprehensive Reserve Bank framework regulates cross border borrowing and lending by Indian residents, prohibiting such transactions except as permitted and authorising the Reserve Bank to allow exceptions. It defines key terms, restricted end-uses and eligible borrowers, and establishes regimes for External Commercial Borrowings, Trade Credit and External Commercial Lending. Schedules set currency, forms, eligibility, maturities, recognised lenders, cost ceilings, limits, security, drawdown/registration, reporting, servicing, hedging and available routes (automatic or approval), with special provisions for individuals, financial institutions and changes in residential status. Notifications FEMA Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127472