Ecb

This query is : Resolved

Share Report Follow Query Ask a Query

CA Shruti Bhavsar

CA Shruti Bhavsar (Querist)
Follow

06 April 2012 pls explain about ECB??

how fund can be borrowed in ECB??

Mihir Doshi

Mihir Doshi (Expert)
Follow

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

Message likes : 1 times

CA Shruti Bhavsar

CA Shruti Bhavsar (Querist)
Follow

07 April 2012 hey thanks mihir

can u send me the same link on cashrutishah17@gmail.com??

Mihir Doshi

Mihir Doshi (Expert)
Follow

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SHYAM SUNDER GULATI

ARUP BHATTACHARYA

Ahamed Kabeer

CA Jyoti Singh

Nayan shetty

Subscribe Now

Ecb

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA