Relaxation of External Commercial Borrowings (ECB) in Indian Rupees

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....elaxation of External Commercial Borrowings (ECB) in Indian Rupees <br>News and Press Release<br>Dated:- 4-9-2014<br><BR>With a view to providing greater flexibility for structuring of External Commer....

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....cial Borrowings (ECB) arrangements, it has been decided that all recognised non-resident ECB lenders may extend loans in Indian Rupees by mobilising Indian Rupees through swaps undertaken with an Auth....

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....orised Dealer Category I bank in India in terms of A.P. (DIR Series) Circular No. 25 dated September 03, 2014. At present all eligible borrowers are eligible to raise ECB in Indian Rupees only from th....

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....eir foreign equity holders. Alpana Killawala Principal Chief General Manager<BR> News - Press release - PIB....