ICICI Bank ICICI Bank

FAQs

What is an External Commercial Borrowing (ECB)?

An ECB is a foreign currency loan raised by Indian corporates from banks or financial institutions outside India. ECBs can be used for business expansion, capital expenditure and strategic initiatives while complying with RBI guidelines.

Who is eligible for this facility?

Indian corporates as per ECB guidelines. The company must comply with ECB guidelines, including end-use restrictions, minimum and maximum tenors and regulatory approvals.

How can I apply for an ECB with ICICI Bank?

You can apply via ICICI Bank. Dedicated relationship managers guide you through the entire process, from documentation submission to fund disbursement, ensuring smooth access to foreign currency funds.

What currencies and tenors are available under ECBs?

ICICI Bank offers ECBs in multiple foreign currencies with flexible tenor options, allowing corporates to choose durations aligned with their financing and strategic business needs as permitted under extant regulatory guidelines.

What are the key benefits of raising ECBs through ICICI Bank?

● Easy access to foreign currency funds for Indian corporates.

● Same-time-zone support for efficient communication and transactions.

● Dedicated relationship managers for both INR and FCY needs.

● Simplified documentation.