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External Commercial Borrowings (ECB) Policy – Review of Hedging Provision

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Full Text of the Document

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....Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.2 and 2.5 of Master Direction No.5 dated January 1, 2016 on "External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers", as amended from time to time and A. P. (DIR Series) Circular No. 11 dated November 06, 2018, in terms of which certa....

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