foreign borrowings

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

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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

India Inc’s foreign borrowings slips 81% to $1.02 bn in June

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India Inc’s foreign borrowings slips 81% to .02 bn in June

MUMBAI: India Inc‘s borrowing from foreign market slipped over 81 per cent to USD 1.02 billion in June this year, data from Reserve Bank of India (RBI) showed on Monday. The domestic companies had raised USD 5.40 billion from the overseas markets in June 2019. Of the total fund raised by the Indian companies, USD … Read more