Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)

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....aining to External Commercial Borrowing (ECB) Attention of Authorised Dealer Category I banks is invited to A.P. (DIR Series) Circular No. 16 dated September 30, 2022 and Part V and XIII of Master Direction - Reporting under Foreign Exchange Management Act, 1999. 2. On a review, the following changes are being made to the extant directions with reference to the returns pertaining to External....

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.... Bank within seven calendar days from the date of its receipt; (iv) The LSF, wherever applicable, shall be payable at the Regional Office concerned of the Reserve Bank by way of NEFT or RTGS, post receipt of an e-mail from the Reserve Bank acknowledging receipt of the return. Detailed instructions in this regard will be contained in the said acknowledgment e-mail; and  (v) I....