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External Commercial Borrowings (ECB) – Rationalisation of Form-83

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Full Text of the Document

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....I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or lending in foreign exchange) Regulations, 2000, notified vide Notification No. FEMA 3/2000-RB dated May 3, 2000, as amended from time to time and A.P. (DIR Series) Circular No.60 dated January 31, 2004 relating to ECB. 2.  On a review, it has been decided to rationalize the Form-83 submitted to the Reserve ....