India Inc’s foreign borrowings drop 47 per cent to USD 1.75 billion in August 2020

India Inc’s foreign borrowings drop 47 per cent to USD 1.75 billion in August 2020

NEW DELHI: India Inc‘s foreign borrowings fell by over 47 per cent in August this year to USD 1.75 billion, data from the Reserve Bank showed on Monday. The domestic companies had borrowed a total of USD 3.32 billion from overseas markets in August 2019, by way of external commercial borrowings (ECBs). Of the total … Read more