Bank Of Baroda ECB

I want to get the details of External Commercial Borrowings ECB at Bank Of Baroda so can you please provide me?

[shikha]

The foreign currency borrowings raised by the Indian corporates from confirmed banking sources outside India are called "External Commercial Borrowings" (ECBs).

These Foreign Currency borrowings can be raised within ECB Policy guidelines of Govt. of India/ Reserve Bank of India applicable from time to time.

ECBs at Bank of Baroda

Bank of Baroda is very active and is a leading player in granting and arranging various forms of foreign currency facilities through ECB route for the Indian Corporates.

BOB focuses on all type of foreign currency credit requirements of Indian corporates in arranging the Foreign Currency Loans.

Bank of Baroda has a few decades of experience in arranging foreign currency loans.

This long experience and wide presence across the globe brings leverage to BOB to understand the ECB market better thus offer best terms to the clientele.

ECB can be accessed under two routes, viz.,

(i) Automatic Route
(ii) Approval Route

I.(A) AUTOMATIC ROUTE

Recognised Lenders:

Borrowers can raise ECB from internationally recognized sources such as

international banks
international capital markets
multilateral financial institutions (such as IFC, ADB, CDC, etc.) / regional financial institutions and Government owned development financial institutions, (iv) export credit agencies
suppliers of equipments
foreign collaborators
foreign equity holders (other than erstwhile Overseas Corporate Bodies (OCBs).

All-in-cost ceilings:

The all-in-cost ceilings for ECB are reviewed from time to time. The following ceilings are valid until reviewed: .

Average Maturity Period All-in-cost Ceilings over 6 month LIBOR*
Three years and up to five years 350 basis points
More than five years 500 basis points


ECBs at Bank of Baroda