REVISED GUIDELINES FOR EXTERNAL COMMERCIAL BORROWING

Download pdf

Published On: 01/04/2016

Practice Area: Banking & Finance, Projects & Project Finance

Authors:

Ran Chakrabarti
Saumya Ramakrishnan
The Reserve Bank of India (the “RBI”) has recently brought in significant changes to the external commercial borrowing guidelines (the “ECB Guidelines”) with respect to companies in the infrastructure and other related sectors, pursuant to a circular dated March 30, 2016 (the “March 2016 Circular”).

Related Posts:

The constant increase in greenhouse gases and decrease in the forest cover in the pas decades has resulted in climate change becoming a cause of concern globally.

Sustainability in infrastructure can be an engine for a green economy

The infrastructure sector will expect similar push if not greater in the upcoming Budget to keep India on track to achieve its aim of becoming $5 trillion economy by 2025.

India’s dream to become $5 trillion economy: Budget should focus on infrastructure push

India has set a target of achieving 100 GW power capacity through grid-connected solar energy, out of which 40 GW is targeted to come through rooftop solar installations by 2022. Due to several factor...

InfoLex Alert: Overview of RESCO Model in India

In continuation of its efforts to simplify the existing ECB regime in India, the RBI issued a circular on July 30, 2019, through which it has relaxed the ECB end-use restrictions for corporates and NB...

RELAXATION ON PERMITTED END-USES UNDER THE ECB FRAMEWORK FOR CORPORATES AND NBFCS