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External Commercial Borrowings

– Vinita Nair, Senior Partner | corplaw@vinodkothari.com

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  3. Lost in Layers: lower threshold for subsidiaries under ODI norms raises concern
  4. Ministry of Finance notifies FEM (Non-Debt Instruments) (Amendment) Rules, 2022

Changes in ECB and Trade Credits Policy due to LIBOR Transition

– Team Finserv (finserv@vinodkothari.com)

Relevant links:

  1. RBI Circular dated December 8, 2021 – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12204&Mode=0
  2. Master Direction – ECB, Trade Credits and Structured Obligations – https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=11510
  3. Roadmap for LIBOR Transition – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12128&Mode=0

Our write-ups on financial interests – https://vinodkothari.com/category/financial-services/

Relaxation of ECB norms- Advantage for Manufacturing & Infrastructure Sector

– Piyush Sinha

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Leasing to get impetus with ECB doors underautomatic route opening up for NBFC-AFCs

Vinod Kothari and Nidhi Bothra | finserv@vinodkothari.com

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