MUMBAI, India, Oct. 3 -- Reserve Bank of India issued the following press release:
As announced in the Statement on Developmental and Regulatory Policies dated October 01, 2025, it has been decided to rationalize regulations pertaining to External Commercial Borrowing (ECB) included in the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 issued under FEMA, 1999. Salient features of the proposed regulations are as under:
*
The borrowing limits are proposed to be linked to a borrower's financial strength and ECB are proposed to be raised at market determined interest rates.
*
The end-use restrictions and Minimum Average Maturity requirements are proposed to be simplified.
*
The borrower and lender base eligible ...