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
This Circular permits direct foreign equity holder(s) holding a minimum of 25%t of the paid-up capital and indirect foreign equity holder, holding at least 51% of the paid-up capital, to provide credit enhancement to Indian companies engaged exclusively in the development of infrastructure and to IFC. As a result, credit enhancement by all eligible non-resident entities will henceforth be permitted under the automatic route and no prior approval will be required from RBI.
