AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
External Commercial Borrowings (ECB)
X X X X Extracts X X X X
X X X X Extracts X X X X
....anks is invited to the Regulation 6 of the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 and as amended from time to time and A.P. (DIR Series) Circular No.5 dated August 1, 2005 relating to External Commercial Borrowings (ECB). 2. At present, corporates can avail ECB up to USD 500 million during a financial year under Automatic Route with minimum aver....
X X X X Extracts X X X X
X X X X Extracts X X X X
....allowed by AD Category - I banks without prior approval of the Reserve Bank subject to compliance with the minimum average maturity period as applicable to the loan. 4. The amended ECB policy will come into force with immediate effect and is subject to review. 5. Necessary amendments to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 dated May 3, ....