• FEMA
  • FAQ
  • External Commercial Borrowings (ECB) and Trade Credits
  • Shweta Verma
  • img March 30, 2026

External Commercial Borrowings (ECB) and Trade Credits

AD banks can issue SBLC on behalf of their customers for availing short term trade credit from overseas lenders in foreign currency subject to such SBLCs complying with the provisions contained in Department of Banking Regulation Master Circular No. DBR. No. Dir. BC.11/13.03.00/2015-16 dated July 1, 2015 on “Guarantees and Co-acceptances”, as amended from time to time.

https://rbi.org.in/Scripts/FAQDisplay.aspx?Id=120

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Shweta Verma

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Designation: CS
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