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  • rbi relaxes norms for external commercial borrowings

    RBI relaxes norms for external commercial borrowings

    January 02, 2015 11:28 IST

    New Delhi: The Reserve Bank on Thursday introduced changes in external commercial borrowings (ECB) norms under which authorised money changing banks have been allowed to create a charge on securities. At present, the choice of

  • ecb proceeds can be parked as fixed deposits for 6 months

    ECB proceeds can be parked as fixed deposits for 6 months: RBI

    November 22, 2014 8:07 IST

    Mumbai: Easing norms for parking external commercial borrowings (ECB), the Reserve Bank said such loans can be kept as fixed deposits for a period of six months for use at a later stage.As per the

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