More recently, we have been doing external commercial borrowing.
2.
Even those with clearances for external commercial borrowings ( ECBs ) decided to put those on hold.
3.
In 2010, financially less lucrative routes were terminated and the airline planned to open a new hub for its international flights at external commercial borrowing and bridge financing.
4.
As per RBI Master circular on External Commercial Borrowing and Trade Finance 1 July 2011, the all-in cost ceiling for interest is now six month L + 200 ( bps is Basis Points.
5.
Apart from stamp fees discrepancies in various states, ambiguities in issues like guidelines of the Foreign Investment Promotion Board ( FIPB ) and those relating to External Commercial Borrowings ( ECB ) also need to be addressed, say Crisil officials.
6.
For these companies, the cost works out to anywhere between 9 and 12 per cent which is much cheaper when compared to term loans from the financial institutions at the rate of 17 per cent or for that matter external commercial borrowings ( ECBs ).
7.
All applications for short-term credit exceeding $ 20 million for any import transaction are to be forwarded to the Chief General Manager, Exchange Control Department, Reserve Bank of India, Central Office, External commercial Borrowing ( ECB ) Division, Mumbai.
8.
The company's woes were compounded by the decision of a foreign bank ( Lohia declines to name the bank, but believed to be a top British bank ) which cancelled an external commercial borrowing ( ECB ) worth $ 15 million ( Rs60 crore ).
9.
In a related development, the external commercial borrowing ( ECB ) limit for telecom projects was enhanced to 50 per cent of project cost from the earlier 35 per cent in April, 1997, and ECBs were permitted to be utilised for rupee expenditure including payment of license fees.
10.
India's reliance on external assistance and concessional debt has decreased since liberalisation of the economy, and the debt service ratio decreased from 35.3 % in 1990 91 to 4.4 % in 2008 09 . In India, External Commercial Borrowings ( ECBs ), or commercial loans from non-resident lenders, are being permitted by the Government for providing an additional source of funds to Indian corporates.