External Commercial Borrowings (ECB).

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....egulations, 2000, notified vide Notification No. FEMA 3/2000-RB dated May 3, 2000, amended from time to time, issued vide Notification No.FEMA.120/RB-2004 dated July 7, 2004, as amended from time to time, A.P. (DIR Series) Circular No. 5 dated August 1, 2005, as amended from time to time, A.P. (DIR Series) Circular No.17 dated December 4, 2006, A.P. (DIR Series) Circular No. 1 dated July 04, 2011 ....

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.... and call / put options specified vide A.P. (DIR Series) Circular No.17 dated December 4, 2006 (for additional amount of USD 250 million) has been dispensed with. 4. It is also clarified that the eligible borrowers under the automatic route can raise Foreign Currency Convertible Bonds (FCCBs) up to USD 750 million or equivalent per financial year for permissible end-uses. Similarly, corporates in....

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.... automatic route as per the extant norms. 6. All other aspects of the ECB policy, such as eligible borrower, recognised lender, all-in-cost, end-use, prepayment, refinancing of existing ECB and reporting arrangements shall remain unchanged. 7. Necessary amendments to the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000 dated May 3, 2000 and Foreign Exchang....