https://www.taxtmi.com/news?id=21078 All entities eligible for foreign direct investment may raise External Commercial Borrowing up to a specified annual ceiling under the automatic route, replacing sectoral limits; prior framework tracks are consolidated into Foreign Currency Denominated ECB and Rupee Denominated ECB. The policy prescribes a uniform Minimum Average Maturity Period of three years (with limited exceptions), maintains uniform all in cost ceilings and a limited negative end use list, and expands eligible borrowers and recognised lenders to widen access to cross border debt financing. en-us Fri, 08 Feb 2019 17:54:20 +0530 Fri, 08 Feb 2019 17:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21078 All entities eligible for foreign direct investment may raise External Commercial Borrowing up to a specified annual ceiling under the automatic route, replacing sectoral limits; prior framework tracks are consolidated into Foreign Currency Denominated ECB and Rupee Denominated ECB. The policy prescribes a uniform Minimum Average Maturity Period of three years (with limited exceptions), maintains uniform all in cost ceilings and a limited negative end use list, and expands eligible borrowers and recognised lenders to widen access to cross border debt financing. News - Fri, 08 Feb 2019 17:54:20 +0530 https://www.taxtmi.com/news?id=21078