SC: Section 22 of Hindu Succession Act Preference For Class-I Heirs Applies to Agricultural Land || Supreme Court: Refund Clause in Sale Agreement Does Not Extinguish Right to Specific Performance || SC Clarifies When a Probate Application Filed After a Testator's Death is Time-Barred || Madras HC: Coordinate Bench Cannot Reopen Issue Already Settled by Another Division Bench || Delhi HC Urges Law to Regulate Media, Notes Anyone with a Mobile Phone Can Claim to be a Journalist || CCI Rejects Allegations of Collusion Involving Reliance Jio and More Than 4,500 Entities || Allahabad HC: Working Mother with Child Custody Cannot Shift Entire Maintenance Liability to Father || Bombay HC: Possessory Suit U/S 6 of the SRA is Maintainable Despite a Licensor-Licensee Relationship || Del HC: Master's Candidates Without the Prescribed Bachelor's Degree are Ineligible as Govt Teacher || Cal HC: BSF Cannot Deny DIG Rank to an Officer Injured in 1995 Road Accident After Earlier Promotion

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 :