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Extension of scheme of External Commercial Borrowings (ECB) for working capital for Civil Aviation Sector by airline companies till 31-3-2016.

FEMA - 109 - Dated:- 11-6-2015 - RBI//2014-15/638 A.P. (DIR Series) Circular No.109 June 11, 2015 To, All Authorised Dealer Category - I Banks Madam/ Sir External Commercial Borrowings (ECB) for Civil Aviation Sector Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 113 dated April 24, 2012 in terms of which External Commercial Borrowings (ECB) can be raised by airline companies for working capital as a permissible end-use, under the .....

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