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External Commercial Borrowings (ECB) – Approval Route cases

FEMA - 80 - Dated:- 30-6-2016 - RBI/2015-16/440 A.P. (DIR Series) Circular No. 80 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) - Approval Route cases Attention of Authorized Dealer Category- .....

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wing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers, in respect of ECB cases coming under the approval route. In terms of the aforesaid Circular/Direction, cases coming under the approval route were re .....

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Reserve Bank above a certain threshold limit (refixed from time to time) be placed before the Empowered Committee. The Reserve Bank will take a final decision in the cases taking into account the recommendation of the Empowered Committee. 3. All oth .....

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