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    <title>In light of the New ECB framework, does the borrower need to file revised Form ECB?</title>
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    <description>Under the New ECB framework, borrowers need not file a revised Form ECB (erstwhile Form 83) if there are no changes to the ECB&#039;s terms and conditions; filing is only required when contractual or material terms are altered, with the rule applicable to ECBs and trade credits governed by FEMA.</description>
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