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Is ecb available for a company engaged in trading activity?

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A company listed its shares at BSE having networth of 15crs and engaged in activity of trading of metals. the company's 9.5% shares are holding by foriegn shareholders. the company wants to borrow loan from NR/NRI.

1. Is this comapny is elegible to borrow from forigne

2. if yes , under which provision of RBI.

3. whats are the option availble to do so.

Kinldy sussget

Thanks 

 

Replies (1)
Primary criteria is a term loan, on the basis of which ECB is given. In case raw materials having cc or od account will do.


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