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Should the proposed ECB be added to all outstanding ECBs for arriving at the individual limit for raising of ECBs?

By IndianMoney , 5 months ago

1. The individual limit for raising ECB under the automatic route will take into account all ECBs raised in the financial year including the proposed one. 2. However, refinancing of the ECB amount will not be considered for arriving at an individual limit per financial year. 3. Also, the limit will be restored at the beginning of the new financial year.

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