Review of all-in-cost (AIC) on External Commercial Borrowings (ECB) and Trade Credit - ربی - Reserve Bank of India
Review of all-in-cost (AIC) on External Commercial Borrowings (ECB) and Trade Credit
On a review of the conditions in the global financial markets, it has been decided to continue with the enhanced all-in-cost ceiling for ECB and trade credit for a further period of six months as under: (i) All-in-cost for ECB
(ii) All-in-cost for Trade Credit
The all-in-cost ceiling is applicable up to September 30, 2012, subject to review thereafter. Instructions have been issued vide A.P. (DIR Series) Circular Nos. 99 and 100 dated March 30, 2012. Ajit Prasad Press Release : 2011-2012/1571
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