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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)).
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