ECB Policy – Repayment of Rupee loans and/or fresh Rupee capital expenditure – USD 10 billion scheme .

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..... al expenditure USD 10 billion scheme Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 134 dated June 25, 2012. 2. As per the extant guidelines, the maximum permissible ECB that can be availed of by an individual company under the scheme is limited to 50 per cent of the average annual export earnings realised during the pa .....

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..... t can be availed by an individual company or group, as a whole, under this scheme will be restricted to USD 3 billion. 4. All other aspects of the scheme mentioned in A.P. (DIR Series) Circular No. 134 dated June 25, 2012 would remain unchanged. 5. AD Category-I banks may bring the contents of this circular to the notice of their constituents and customers concerned. 6. The directions cont .....

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