SC: CBDT Circulars do not Bind Courts in Income Tax Matters  ||  SC: Gujarat Saw Several Hooch Tragedies despite Prohibition on Liquor  ||  SC: Interest Continues if Award-Holder Cannot Freely Withdraw Conditional Deposit  ||  SC Urges Law Commission to Examine Law Governing Deposits Made in Courts  ||  SC: Civil Court Cannot Grant Interim Relief While Leave Application Against Public Trust is Pending  ||  Calcutta HC Upholds ITC Injunction, Says ‘Gold’ Has Acquired Secondary Meaning  ||  MP High Court Denies Compensation as Pregnancy Pre-Dated Sterilization Surgery  ||  Delhi HC: MACT Must Assess Claimant’s Need Before Denying Release of FDR Compensation  ||  Delhi HC Orders Interpol Red Corner Notice Against Man Facing Contempt Over Remarks Against Judges  ||  Gujarat HC Allows Seven-Day Parole to Convict in Bilkis Bano Case    

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 :        

Disclaimer | Copyright 2026 - All Rights Reserved