home page 


 

Newsletter

Daily Rates

Bank Holidays

Book Store

Home

Conferences

Technology

Finance



  ECBs   overview | coop banks | basics | lending |adv banking | products | IT & banking  
                                                         
daily news | banking software| bank directory| internet banking| IT directory| Banknet Jobs


Banking > ECB > Details



USD 5 MILLION SCHEME

All Corporates and Institutions are permitted to raise ECB upto USD 5 million equivalent at a minimum simple maturity of 3 years. Borrowers may utilise the proceeds under this window for general corporate objectives without any end-use use restrictions excluding investments in stock markets or in real estate. The loan amount may be raised in one or more tranches subject to the caveat that the total outstanding loan under this scheme at any point of time should not exceed USD 5 million. Each tranche should have a minimum simple maturity of 3 years. (Government have delegated the sanctioning powers to Reserve Bank of India (RBI)).




Go back to main page of External Commercial Borrowings (ECB) Section


 

Advertise | Book Store | About us | Contact us | Terms of use | Disclaimer





Banknet India | All rights reserved worldwide.
Best viewed with IE 4.00 & above at a screen resolution of 800 x 600 or higher