TaxTMI 
TaxTMI 
Borrowers in services sectors eligible to avail ECB
X X X X Extracts X X X X
X X X X Extracts X X X X
....orrowers in services sectors eligible to avail ECB <br>News and Press Release<br>Dated:- 1-6-2008<br><BR>The External Commercial Borrowing (ECB) policy is regularly reviewed by the Government in consu....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ltation with Reserve Bank of India (RBI) to keep it in tune with the evolving macroeconomic situation, changing market conditions, sectoral requirements, the external sector and lessons of experience.....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Consequent upon such a review, it has been decided to modify some aspects of the ECB policy as indicated below: At present, borrowers in the services sector are not eligible to avail ECB under the....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... automatic route. It has been decided that henceforth borrowers in the services sector viz hotels, hospitals and software companies may avail ECB upto US$ 100 million for import of capital goods under....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the approval route. These amendments in the ECB Policy will come into force on the date of Notification of Regulations/directions issued by the Reserve Bank in this regard under the Foreign Exchang....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e Management Act, 1999. BSC/KW/MP/135/08<BR> News - Press release - PIB....