The Foreign Exchange Management Act, which includes the RBI's rules and regulations, governs all financial transactions from the global market, including external commercial borrowings. Financial assistance in the form of bonds, loans, and other financial instruments, such as business expansion and loan repayment, is frequently obtained through the ECB. It is available from several sources, including international financial institutions and foreign banks. The RBI regulates the entire ECB and is in charge of imposing restrictions on its quantity and intended usage. A corporation must fulfil specific eligibility requirements for the ECB, including debt-to-equity ratios and credit rating.
Services Offered By Skyquest For External Commercial Borrowing:
● Offer assistance in submitting the required paperwork to the ECB.
● Genuine guidance on growing an ECB business
● Meet the eligibility requirements and demonstrate a thorough understanding of RBI policies.
● Get genuine documentation ready for the ECB.
