The Reserve Bank of India has eased norms for companies raising foreign funds for infrastructure projects. Companies can now raise funds through the external commercial borrowing (ECB) route for their infrastructure projects through their holding firms or core investment firms. This will enable them to arrange finances for their projects faster and strengthen the flow of resources in the sector.The RBI said in a notification that such funds should be used in special purpose vehicles (SPVs) for a specific project. Presently, the SPVs are allowed to bring in ECB funds for infrastructure projects, while there were restrictions for parent firms in doing so. Experts confirmed that the new norms will make availing ECB funding easier for infrastructure firms.The apex bank, however, has listed a series of conditions to avail this facility.