Can the housing finance companies raise ECB for on-lending to individual borrowers exclusively for flats/units in the affordable housing projects as defined in Harmonised Master List of Infrastructure Sub-sectors notified by Government of India?

Can the housing finance companies raise ECB for on-lending to individual borrowers exclusively for flats/units in the affordable housing projects as defined in Harmonised Master List of Infrastructure Sub-sectors notified by Government of India? https://www.taxtmi.com/manuals?id=5851 Housing finance companies are permitted to raise external commercial borrowings and trade credits for the specific purpose of on lending to individual borrowers for flats or units in affordable housing projects as defined in the Harmonised Master List. en-us Thu, 21 Nov 2024 14:22:00 +0530 Thu, 21 Nov 2024 14:22:00 +0530 TaxTMI RSS Generator Can the housing finance companies raise ECB for on-lending to individual borrowers exclusively for flats/units in the affordable housing projects as defined in Harmonised Master List of Infrastructure Sub-sectors notified by Government of India? https://www.taxtmi.com/manuals?id=5851 Housing finance companies are permitted to raise external commercial borrowings and trade credits for the specific purpose of on lending to individual borrowers for flats or units in affordable housing projects as defined in the Harmonised Master List. Manuals FEMA Thu, 21 Nov 2024 14:22:00 +0530 https://www.taxtmi.com/manuals?id=5851