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    <title>Is refinancing of ECBs raised from foreign equity holders and utilised for working capital/ general corporate purpose/ repayment of Rupee loans permitted?</title>
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    <description>Refinancing of External Commercial Borrowings raised from foreign equity holders is permitted for working capital, general corporate purposes, or repayment of rupee loans, provided the new lenders are foreign equity holders under the ECB framework and the refinancing follows applicable refinancing guidelines.</description>
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    <pubDate>Thu, 21 Nov 2024 14:23:00 +0530</pubDate>
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      <description>Refinancing of External Commercial Borrowings raised from foreign equity holders is permitted for working capital, general corporate purposes, or repayment of rupee loans, provided the new lenders are foreign equity holders under the ECB framework and the refinancing follows applicable refinancing guidelines.</description>
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