In a communication to the finance ministry, Telenor has said it intends to provide shareholder loans and ECBs to the Indian company for an amount of $2 billion (about Rs 11,098 crore) that may be needed to pay for 2G spectrum. The company would also require some funding to carry on its current operations till the quashing of its telecom licence. Apart from permission to provide ECBs in excess of $750 million in a financial year to its Indian entities, Telenor has asked for waiver of the end-use restriction prescribed under the ECB guidelines on repayment of rupee loans, operational expenditure, working capital requirements and general corporate purposes. It has also asked for permission to prepay the shareholders' loan with an exemption from seeking RBI approval. The department of economic affairs in the ministry of finance has decided to seek the central bank's views before examining the proposal.