FOREIGN CURRENCY LOANS

Arrangement for corporate/ firms to raise the funds through foreign currency loans within the prevailing policy guidelines of the Bank/ RBI.
Broad purpose of loans

1. For meeting working capital requirements in Indian Rupees.
2. By way of pre-shipment advances/ post shipment advances to the exporters.
3. Import of raw materials.
4. Import of capital goods.
5. Purchase of indigenous machinery.
6. Repayment of the existing Rupee Term Loan.
7. Repayment of any existing ECB's with the permission from RBI, Govt. of India.

 
 
 
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