Syndicated
Loans

Borrowings raised by Indian corporates from foreign banking sources, including commercial bank loans, syndicated loans, buyers' and suppliers' credit, FRNs, fixed rate bonds and credit from export credit agencies.

• Access to foreign currency funds not easily available domestically
• Lower cost of funds compared to local Rupee loans
• Diversification of investor base
• Access to large pools of international capital
• Ability to raise funds from banks, export credit agencies, collaborators and international markets

• Governed by FEMA regulations and RBI guidelines
• ECBs can be raised under Automatic or Approval Routes
• Minimum maturity of 3 years for amounts up to USD 20 million
• Minimum maturity of 5 years for amounts above USD 20 million
• All in cost ceilings apply based on maturity and LIBOR benchmarks
• ECBs allowed only for specified end uses such as capital goods import, new projects, expansion and infrastructure

It supports bespoke requirements such as investment monetisation, vendor and dealer funding, transporter financing and other purpose built arrangements.

Commercial loans, syndicated loans, bonds, floating rate notes, export credit-backed loans and other cross-border funding solutions.

The dedicated syndication teams coordinate with Indian corporates and global lenders to structure and arrange ECB facilities.

Eligible corporates registered under the Companies Act, except financial intermediaries and non-profit entities.

Capital goods import, new projects, expansion, infrastructure development and overseas direct investment subject to RBI guidelines.