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Reporting Requirements

Reporting Requirements :

Borrowings under ECB Framework are subject to reporting requirements in respect of the following:

(i) Loan Registration Number (LRN): Any draw-down in respect of an ECB as well as payment of any fees / charges for raising an ECB should happen only after obtaining the LRN from RBI.

(ii) Changes in terms and conditions of ECB: Permitted changes in ECB parameters should be reported to the Department of Statistics and Information Management (DSIM) through revised Form 83 at the earliest, in any case not later than 7 days from the changes effected. While submitting revised Form 83 the changes should be specifically mentioned in the communication.

(iii) Reporting of actual transactions: The borrowers are required to report actual ECB transactions through ECB 2 Return through the AD Category I bank on monthly basis so as to reach DSIM within seven working days from the close of month to which it relates. Changes, if any, in ECB parameters should also be incorporated in ECB 2 Return.

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