External Commercial Borrowings (ECB) Policy – Relaxation in the period of parking of unutilised ECB proceeds in term deposits

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Full Text of the Document

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....n in the period of parking of unutilised ECB proceeds in term deposits Please refer to paragraph 12 of the Governor's Statement on Developmental and Regulatory Policies dated April 07, 2021. In this connection, attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph 4.2 of the of Master Direction No.5 dated March 26, 2019, on "External Commercial Borrowings, Trad....