Article
Multi State Co-Op. Societies Can Now Avail Of External Commercial Borrowings
An ECB refers to commercial loans [in the form of bank loans, buyers’ credit, suppliers’ credit, securitised instruments (e.g. floating rate notes and fixed rate bonds)] availed from non-resident lenders with minimum average maturity of 3 years.
Mulla & Mulla & Craigie Blunt & Caroe





