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 ECB Application Form in Order to Be Considered for a 2021-2025

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Hello friends I welcome you in my video today's topic is external commercial borrowing in this video we are going to cover the applicable guidelines and Direction issued by RBI so let us first talk about what is ECP so ecbs are commercial loans or borrowing or Trade Credit Beyond three years availed by eligible resident engage means the borrower and these are available from recognized non-resident entities means the lenders such loans or borrowing should confirm to the parameter prescribed by RBI that is all in cost minimum average maturity permitted and use Etc the parameters to apply in totality and not on Standalone basis so basically it's a commercial loan availed by a resident entities from non-resident lenders and there are certain you know parameter which are supposed to be complied by the borrower okay then benefits of ECB so first of all it's a cheaper source of Finance because the rate of interest is lower compared to domestically raised rupee loan sec

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