My Opera is closing 3rd of March

JAWAHAR UDAYABHANU

CHARTERED ACCOUNTANT

COST CEILING FOR ECB, again reviewed

The RBI extended enhanced all-in-cost ceiling for a further period of six months( up to September 30, 2012) in respect of ECBs as under:
1. Three years and up to five years-6 months Libor + 350 bps
2 .More than five years6 months Libor +500 bps

Loan Application Number for MSME BorrowersTransfer of Funds from Non-Resident Ordinary (NRO) account to Non- Resident External (NRE) Account

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