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India: Changes in External Commercial Borrowings Policy for the Civil Aviation Sector

Description

On 24 April 2012, the Reserve Bank of India allowed the Civial Aviation sector to raise External Commercial Borrowings (ECBs) for working capital funding under the approval route. The overall borrowin...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

24 Apr 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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