External Commercial Borrowings ECB Services, Service External Commercial Borrowing Service

Ecb are a key component of india s overall external assistance, Suppliers credit, Nri deposits,, Inter alia, Buyers credit, External debt which includesshort, Term credit and rupee debt. Corporate registered under the companies act except financial intermediaries such as banks, Financial institutions fis, Housing finance companies and nbfcs are eligible for ecb. Features of the policy ecbs have been introduced through the policy to offer a source of finance to indian corporate for expansion of existing capacities as well as fresh investments. The policy gives greater priority for projects in infrastructure, Power, Oil exploration, Telecom, Railways, Roads & bridges, Ports, Industrial parks and urban infrastructure and export sectors. Through sub, Lending against ecb approvals allowed under the policy, Development financial institutions are subjected to give priority to the necessities of medium and small scale units. External commercial borrowings ecb can be accessed under two routes, Viz.,Automatic route andapproval route. Camellia s proactive approach to business is bolstered by its group of skilled experts empowered to exploit business opportunities. This, Together equipped with a solid sense has been, Of commitment instrumental in establishing strong business relationships with reputed corporate houses and business groups. Automatic routeecb for investment in real sector, Industrial sector, Especially infrastructure sector, Will be, In india under i. E. Will, Automatic route not require rbi/government approval. Should there be doubt as regards eligibility to access applicants may, Automatic route take recourse to the approval route. Eligible borrowerscorporates registered under the companies act except financial intermediaries such financial institutions, As banks fis, Housing finance companies and nbfcs are eligible. Individuals, Trusts and non, Profit making organizations are not eligible to raise ecb. Amount and maturityecb up to usd 20 million or equivalent with minimum average maturity of three years. Ecb above usd 20 million and up to usd 500 million or equivalent with minimum average maturity of five yearsthe highest degree of ecb which has the potential to be raised by an eligible borrower via the automated pathway is usd 500 million during a financial year. Ecb up to usd 20 million can have call/put option provided the minimum average maturity spanning a period of three years is complied before exercising call/put option.