Ecb
This query is : Resolved
CA Shruti Bhavsar
(Querist)
06 April 2012
pls explain about ECB??
how fund can be borrowed in ECB??
how fund can be borrowed in ECB??
Mihir Doshi
(Expert)
06 April 2012
Shruti,
This link will be useful for your guidance on ECB:
https://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:
https://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
CA Shruti Bhavsar
(Querist)
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??
Mihir Doshi
(Expert)
07 April 2012
ok....alerady sent
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Urd purchase entry in tally prime
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
