External commercial borrowings (ecb)

An external commercial borrowing in India to facilitate the access to foreign money by Indian ... For infrastructure and greenfield projects, funding up to 50% ( through ECB) is allowed. According to a report in The Hindu in January 2013, the  ...

3 years period is set for capital goods. That is the maximum allowed under ECB. In some cases rollover for further 2 years will be done with the specific permission of RBI.

3 years is the period until which the original term loan will be on hold. after the expiry of which it will be debited. Principal payment need not be made untill 3 years