REVISED GUIDELINES FOR EXTERNAL COMMERCIAL BORROWING

Published On: 01/04/2016

Authors:

Ran Chakrabarti
Saumya Ramakrishnan
The Reserve Bank of India (the “RBI”) has recently brought in significant changes to the external commercial borrowing guidelines (the “ECB Guidelines”) with respect to companies in the infrastructure and other related sectors, pursuant to a circular dated March 30, 2016 (the “March 2016 Circular”).