Ecb
This query is : Resolved
06 April 2012
pls explain about ECB??
how fund can be borrowed in ECB??
how fund can be borrowed in ECB??
06 April 2012
Shruti,
This link will be useful for your guidance on ECB:
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/09MCEC300611.pdf
It is a kind of loan to be raised from outside india in various form buyers credit, suppliers credit, loan from International financial institution etc for the tenure of not less than 3 years.
RBI has put cap on borrowing limits as well its end use vis a vis interest rate. It is generally 500 basis points + LIBOR.
Many listed companies have raised ECB due to advantage of cheapter interest rate as well no risk of dilution in equity of the company.
Thanks
Mihir doshi
This link will be useful for your guidance on ECB:
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/09MCEC300611.pdf
It is a kind of loan to be raised from outside india in various form buyers credit, suppliers credit, loan from International financial institution etc for the tenure of not less than 3 years.
RBI has put cap on borrowing limits as well its end use vis a vis interest rate. It is generally 500 basis points + LIBOR.
Many listed companies have raised ECB due to advantage of cheapter interest rate as well no risk of dilution in equity of the company.
Thanks
Mihir doshi
Message likes :
1 times
07 April 2012
hey thanks mihir
can u send me the same link on cashrutishah17@gmail.com??
can u send me the same link on cashrutishah17@gmail.com??
07 April 2012
ok....alerady sent
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