Supreme Court Grants Probation to Convicts; Rules Fine-Only Cases Also Eligible || SC Disposes Plea on Allied Health Course Moratorium After NCAHP Issues 2026–27 Guideline || Supreme Court Grants Promotion Relief to Employee Denied Relaxation, Calling it Discrimination || Patna HC: Tender Lapses if Not Extended on Time & Delay Cannot be Cured by Repeated Representations || Delhi HC Directs Strict Compliance With SC Orders For Release of Undertrials After 1/3rd Sentence || MP HC Grants Bail to Two Muslim Men Arrested over Instagram Reel Allegedly Supporting Iran || SC: General Reference to a Tender’s Arbitration Clause Does Not Incorporate it into a Contract || Supreme Court: Partnership Veil May be Lifted to Detect Illegal Sub-Letting Arrangements || Supreme Court: Lower Dearness Relief For Pensioners than Employees' DA is Arbitrary under Article 14 || Supreme Court: NCLT Should Not Assess Merits of Pre-Existing Dispute in Section 9 Applications

External Commercial Borrowings - Revised Framework- (Reserve Bank of India) (30 Mar 2016)

MANU/APDR/0018/2016

Banking

The Reserve Bank of India notified amendments to the External Commercial Borrowings regime to encourage longer term lending, particularly for infrastructure development. The changes are prefaced as allowing a larger number of infrastructure participants access to external funds: a wider array of companies in the infrastructure sector can now raise ECB; ‘Exploration, Mining and Refinery’ have been deemed as being part of the infrastructure sector and companies partaking in the same can also avail ECB.

Relevant : ECB Policy 2015 MANU/APDR/0091/2015 ECB Policy - Liberalisation in Infrastructure MANU/APDR/0133/2013

Tags : ECB INFRASTRUCTURE MINING REFINERY

Share :