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External Commercial Borrowings (ECB) Policy Relaxation in the period of parking of unutilised ECB proceeds in term deposits - FEMA - 01

Extract

..... RBI/2021-22/16 A.P. (DIR Series) Circular No. 01 April 07, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy - Relaxation in the period of parking of unutilised ECB proceeds in term deposits Please refer to paragraph 12 of the Governor’s Statement on Developmental and Regulatory Policies dated April 07, 2021. In this connection, attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph 4.2 of the of Master .....

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External Commercial Borrowings (ECB) Policy Relaxation in the period of parking of unutilised ECB proceeds in term deposits - FEMA

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