Resource Centre on ECB

In general parlance, loans raised by Indian entities from foreign lenders or investors is terms as External Commercial Borrowing (ECB). ECBs are governed by the Reserve Bank of India (RBI) through the Master Direction – External Commercial Borrowings, Trade Credits and Structured Obligations. These guidelines lay down the eligibility criteria, borrowing limits, permitted end-uses, and compliance requirements for such borrowings. Dive into our article below to understand the key aspects and regulatory framework governing ECBs.

Date of PublicationTitleAuthor
10 December 2021Changes in ECB and Trade Credits Policy due to LIBOR TransitionTeam Finserv
31 July 2019RBI eases end-use ECB norms for Corporates and NBFCsTimothy Lopes
29 March 2019Consolidation of new ECB and Trade Credit framework: RBI issues Master Direction 2019Vallari Dubey
06 February 2019RBI revises ECB framework- Aligns with FEMA (Borrowing and Lending) Regulations, 2018Team Corplaw
14 November 2018Liberalisation of ECB norms for Infra CompaniesSimran Jalan
21 September 2018ECB Policy Liberalisation-Boost to Indian Banks and Manufacturing SectorTeam Corplaw
30 April 2018RBI liberalises ECB normsTeam Corplaw
17 March 2018Overview of FDI, ODI and ECBTeam Corplaw

Our YouTube videos on the same:

TitleAuthor
Episode 3 – External Commercial BorrowingsPrapti Kanakia

Our Presentations:

TitleAuthor
External Commercial BorrowingsVinita Nair
Presentation on Secretarial Audit and other attestationsVinita Nair
Presentation on FDI, ODI & ECBTeam Corplaw