The government today said it will look at the possibility of further liberalisation of external commercial borrowing (ECB) norms to boost inflows from overseas. Talking to media on the sidelines of a function in New Delhi, Department of Economic Affairs Secretary Arvind Mayaram said the government has taken a few measures in connection with the external commercial borrowings during the last 10 days. ECB refers to commercial loans in the form of bank loans, buyers' credit, suppliers' credit, securitised instruments availed of from non-resident lenders with a minimum average maturity of 3 years.AIR correspondent reports that last month, the Finance Ministry had liberalised the norms for raising funds through ECBs by domestic firms, particularly those in the realty sector.The High Level Committee on External Commercial Borrowings also permitted FIIs to invest up to five billion US dollars in rupee bonds within the overall corporate bond limit of 45 billion US dollars.