№ files_lp_3_process_9_47065
This notification announces changes to the policy on External Commercial Borrowings (ECB) and Trade Credits (TC) due to the transition from LIBOR to alternative reference rates, affecting the benchmark rates and ceilings for foreign currency ECBs and TCs.
Year: 2021
Region / city: India
Topic: Finance / Banking
Document Type: Notification
Organization: Reserve Bank of India
Author: Ajay Kumar Misra
Target Audience: Authorised Dealer Category-I banks
Period of validity: Indefinite
Approval Date: December 08, 2021
Date of Changes: December 08, 2021
Price: 8 / 10 USD
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