Extension of scheme of raising External Commercial Borrowings (ECB) by eligible borrowers for low cost affordable housing projects till 31-3-2016.

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Full Text of the Document

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....ention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 61 dated December 17, 2012 and A.P. (DIR Series) Circular No. 113 dated June 24, 2013 in terms of which External Commercial Borrowings (ECB) can be raised by eligible borrowers, for low cost affordable housing projects, under the approval route. 2. On a review, it has been decided that th....