Ozg Corporate Funding Consultant
Ozg Center, New Delhi & Mumbai
Website: http://fundraising.ozg.in
To book an appointment with Ozg Fundraising Consultants, please go to: ozgcenter.com/appointment
Phone # +91 (0) 88-007-25647
To book an appointment with Ozg Fundraising Consultants, please go to: ozgcenter.com/appointment
Email: funding.consultant@ozg.co.in
RBI/2012-13/338
A.P. (DIR Series) Circular No. 60
December 14, 2012
To,
All Category - I Authorised Dealer Banks
Madam / Sir,
External Commercial Borrowings (ECB) Policy – Review of
all-in-cost ceiling
Attention of Authorized Dealer Category-I (AD Category-I)
banks is invited to A.P. (DIR Series) Circular No. 99 dated March 30, 2012 and
A.P. (DIR Series) Circular No. 40 dated October 09, 2012 relating to ECB.
2. It has been decided that the all-in-cost ceiling as
specified in A.P. (DIR Series) Circular No. 99 dated March 30, 2012 will
continue to be applicable till March 31, 2013 and subject to review thereafter.
All other aspects of ECB policy remain unchanged.
3. The amended ECB policy will come into force with
immediate effect and is subject to review based on the experience gained in
this regard.
4. AD Category-I banks may bring the contents of this
circular to the notice of their constituents and customers concerned.
5. The directions contained in this circular have been
issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act,
1999 (42 of 1999) and are without prejudice to permissions / approvals, if any,
required under any other law.
Yours faithfully,
(Rashmi Fauzdar)
Chief General
Manager
Ozg Corporate Funding Consultant
Ozg Center, New Delhi & Mumbai
Website: http://fundraising.ozg.in
To book an appointment with Ozg Fundraising Consultants, please go to: ozgcenter.com/appointment
Phone # +91 (0) 88-007-25647
To book an appointment with Ozg Fundraising Consultants, please go to: ozgcenter.com/appointment
Email: funding.consultant@ozg.co.in
