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External Commercial Borrowings (ECB) – Revised regulations ...

25 January 21 April 2018. 2019. External Commercial Borrowings (ECB) Revised regulations and framework Borrowing and lending between a person resident in Since RDBs have been merged into INR. India and outside India were regulated vide denominated ECBs, prior RBI approval is no following regulations : longer required for issuing RDB provided all Foreign Exchange Management (Borrowing other conditions for an automatic route in and Lending in Foreign Exchange) regulations , respect of amount, maturity period, etc. are 2000 Notification no FEMA 3/2000-RB complied with.

USD 50 million or equivalent per import transaction for import of capital or non-capital goods the Currency of borrowing: It can be denominated in foreign currency as well as INR or any other currency as specified by the RBI in consultation with the GoI. Maturity period: The period of trade credit for import of capital goods has been

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