Bombay HC: Insolvency Cannot be Used to Evade a Family Court’s Maintenance Order || Kerala HC: Forklifts and Factory Cranes Are Motor Vehicles and Must be Registered under MV Act || Guj HC: Edible Crude Palm Kernel Oil Qualifies for Duty Exemption; End-Use Condition not Applicable || NCLAT Delhi: Advance under Land-Development MoU is not Financial Debt and Cannot Trigger CIRP || NCLAT: NCLT Cannot Change Capital Structure of a Legally Compliant Successful Auction Purchaser || Supreme Court: Endless Investigation and Long Delay in Filing Chargesheet Can Justify Quashing Case || SC: Landowners Accepting Compensation Settlements Cannot Later Claim Statutory Benefits || Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act || Supreme Court: Indian Courts Cannot Appoint Arbitrators for Arbitrations Seated Outside India || Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report

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 :