Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
Part B : Indirect Taxes
Part C : RBI/FEMA
46 A.P. (DIR Series) Circular No. 50, dated 4-5- 2010 —
External Commercial Borrowings (ECB) Policy.
Presently, Infrastructure Finance Companies (IFC) are
permitted to avail of ECB for on-lending to infrastructure sector, subject to
certain conditions, under the Approval Route.
This Circular now permits, subject to certain conditions IFC
to avail ECB (including outstanding ECB) up to 50% of their owned funds under
the Automatic Route. ECB exceeding the above limit can be availed under the
Approval Route.
