An external commercial borrowing (ECB) is an instrument used in India to facilitate Indian companies to raise money outside the country in foreign currency. The government of India permits Indian corporates to raise money via ECB for expansion of existing... (More)
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- The minimum average maturity requirement for ECBs (external commercial borrowings)4 in the infrastructure space raised by eligible borrowers has been reduced to three years from earlier five years.
- Additionally, the average maturity requirement for mandatory hedging (an investment to reduce... (More)
Capital inflows are always a major part of the development policy. The government have been always promoting this capital inflows. Lack of domestic capital has forced the government historically to go after foreign capital. Foreign capital is money drawn from... (More)