Is ecb available for a company engaged in trading activity?

vikash (CFO) (21 Points)

05 November 2018  

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