J&K&L HC: Undenied Pleadings are Deemed Admitted by Implication under the CPC || Kerala HC: Transfer Order Pending Disciplinary Proceedings Cannot be Disguised as Punishment || Allahabad HC: GST, Incentives, 0r Festival Advances Cannot be Deducted From Employee’s Retiral Dues || SC: Absconding Accused Cannot Claim Anticipatory Bail Solely Because a Co-Accused Was Acquitted || Supreme Court: District Cricket Bodies Must Adopt Good Governance Voluntarily, Not Follow BCCI Rules || Supreme Court: Post-Award Property Purchasers Cannot Resist Execution of an Arbitral Award || SC: Telecom Spectrum is a Community Resource and its Ownership Cannot be Decided under the IBC || SC: Police Failure to Invoke IPC Provisions Led to Contractor’s Acquittal in Cement Stockpiling Case || SC: Bank’s Internal Classification of Debt as NPA Does Not Determine Limitation under the IBC || Bombay HC: Clarifies Procedure for Executing Foreign Decrees

Revised framework for External Commercial Borrowing policy- (Reserve Bank of India) (30 Nov 2015)

MANU/APDR/0091/2015

Banking

The Reserve of Bank of India issued a revised External Commercial Borrowing policy. The revisions aim to reduce risk for lenders and make extended term repayments more sustainable. The framework comprises three tracks: medium term foreign currency, long term foreign currency and Indian rupee denominated borrowings. The guidelines will be revisited after one year of operation. The revised framework can be accessed here.

Relevant : External Commercial Borrowings – 2005 MANU/APDR/0011/2005

Tags : EXTERNAL COMMERCIAL BORROWING REVISED 2015

Share :