News
Pre Session Commentary
Mid Session Commentary
End Session Commentary
Hot Pursuit
Corporate News
Foreign Markets
Economy News
Corporate Results
Stock Alert
Market Beat
Economy News
RBI Eases ECB Norms Back
(16:49, 08 Nov 2018)
The Reserve Bank of India (RBI) on Tuesday eased the rules under the ECB (external commercial borrowing) framework. The central bank has reduced the minimum average maturity requirement for ECBs in the infrastructure space, raised by eligible borrowers, from currently five years to three years. The hedging rules have also been relaxed. From now on, borrowings of above five years will be exempt from the mandatory hedging provisions. Currently, borrowings of above 10 years do not need to be hedged. Accordingly, the, ECBs with a minimum average maturity period of three to five years, in the infrastructure space, will have to comply with the 100% mandatory hedging requirement.

Powered by Capital Market - Live News

Career  |   Disclaimer   |   Partner with us   |   Sitemap   |   Risk Disclosure   |  Investor Grievance  |   Downloads
SEBI Regn.- NSE Cash-INB230645838, NSE Derivatives-INF230645838, Other Links : NSE   |   BSE   |   CDSL  |   MCX   |   NSDL  |  SEBI  |   RBI
BSE Cash-INB010645837, MCX-TCM 28925 2012-13 © Vibrant Securities Pvt. Ltd.     Designed, developed & content provided by C-MOTS Infotech (ISO 9001:2015 certified)