• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, March 3

The Reserve Bank of India (RBI) has clarified that companies in the airport sector as well as those engaged in telecom manufacturing activities are eligible for external commercial borrowing (ECB) in accordance with the existing guidelines. It had announced comprehensive ECB guidelines on August 1, 2005. The clarification has become necessary in the wake of enquiries on whether airports and companies engaged in telecom equipment manufacturing are eligible to raise ECB, according to a RBI press release on Friday.

More Stories on : RBI & Other Central Banks | Overseas Borrowings

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Forex reserves rise for fifth straight week

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line