{"id":59595,"date":"2022-08-19T13:51:48","date_gmt":"2022-08-19T08:21:48","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=59595"},"modified":"2022-08-19T13:51:49","modified_gmt":"2022-08-19T08:21:49","slug":"rbi-issues-liberalisation-measures-external-commercial-borrowings-ecb-policy","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-issues-liberalisation-measures-external-commercial-borrowings-ecb-policy\/","title":{"rendered":"RBI Issues Liberalisation Measures &#8211; External Commercial Borrowings (ECB) Policy"},"content":{"rendered":"<p>On 01st August 2022, the Reserve Bank of India (RBI) issued a Notification<br>concerning the &ldquo;External Commercial Borrowings (ECB) Policy&rdquo;, stating the<br>adoption of Liberalisation Measures. In accordance with paragraph 2.2 of FED Master Direction No.5 on External Commercial Borrowings, Trade Credits and Structured Obligations, which was issued on 26th March 2019, the terms set were that the eligible ECB burrows are permitted to raise the ECB amount for up to USD 750,000,000 (750 Million) or equivalent for each financial year in accordance with the automated route, along with Paragraph 2.1.vi. ibid, which specifies the all-in-cost ceiling for ECBs.<\/p>\n\n\n\n<p>In Paragraph 5 of the Press Release of &ldquo;Liberalisation of Forex Flows&rdquo; issued on 06th July 2022, with the consultation of the Central Government, it is declared that,<\/p>\n\n\n\n<ul><li>An increase of the Automated Route Limit is to be implemented from USD 750 million or equivalent to USD 1.5 billion or equivalent.<\/li><li>An increase of the all-in-cost ceiling for ECBs, by 100 bps is to be implemented. This enhanced all-in-cost ceiling is declared available only for eligible borrowers of the investment grade rating from Indian Credit Rating Agencies (CRAs). Other eligible borrowers are to raise ECB within the existing all-in-cost ceiling, as hitherto.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On 01st August 2022, the Reserve Bank of India (RBI) issued a Notificationconcerning the &ldquo;External Commercial Borrowings (ECB) Policy&rdquo;, stating theadoption of Liberalisation Measures. In accordance with paragraph 2.2 of FED Master Direction No.5 on External Commercial Borrowings, Trade Credits and Structured Obligations, which was issued on 26th March 2019, the terms set were that [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":59599,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Issues Liberalisation Measures - External Commercial Borrowings Policy<\/title>\n<meta name=\"description\" content=\"On 1st August 2022, RBI issued a Notification concerning the &quot;External Commercial Borrowings (ECB) Policy&quot;, stating the adoption of Liberalisation Measures.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-issues-liberalisation-measures-external-commercial-borrowings-ecb-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Issues Liberalisation Measures - External Commercial Borrowings Policy\" \/>\n<meta property=\"og:description\" content=\"On 1st August 2022, RBI issued a Notification concerning the &quot;External Commercial Borrowings (ECB) Policy&quot;, stating the adoption of Liberalisation Measures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-issues-liberalisation-measures-external-commercial-borrowings-ecb-policy\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-19T08:21:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/08\/rbi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/59595"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=59595"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/59595\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/59599"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=59595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}