Who ensures compliance with RBI ECB loan guidelines? Can ECB be used for making some form of contribution in an LLP? What is the currency of raising ECBs? What is the meaning of commercial purpose? What are the various types of ECB?
Transfer to NRE/FCNR accounts of the account holder or any other person eligible to maintain such account. Investment in shares/securities/commercial paper of an Indian company or for purchase of immovable property in India within prescribed regulations. Any other transaction if covered under general...
The literature cites that credit supply to firms continues to be an unobservable variable and can be gauged through aggregate commercial lending by banks (Chen and Kieschnick 2018). Dependence on bank credit is higher for smaller firms in manufacturing sectors in EMEs such as India due to the...