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India Inc's foreign borrowings at $1.47 bn in Oct

They had borrowed a total of USD 2.11 billion from overseas sources in October 2015

Press Trust of India  |  Mumbai 

India Inc's borrowings from overseas markets fell by 30.3 per cent from a year ago to USD 1.47 billion in October 2016, RBI data showed. They had borrowed a total of USD 2.11 billion from overseas sources in October 2015. Besides, an additional USD 299.64 million was raised by three companies through newly allowed rupee denominated bonds (RDB) floated overseas -- popularly known as masala bonds. So the data could not be compared adding the RDB funds alongwith the normal External Commercial Borrowing (ECB) route, which the companies generally use, as this is the second month ...

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India Inc's foreign borrowings at $1.47 bn in Oct

They had borrowed a total of USD 2.11 billion from overseas sources in October 2015

They had borrowed a total of USD 2.11 billion from overseas sources in October 2015 India Inc's borrowings from overseas markets fell by 30.3 per cent from a year ago to USD 1.47 billion in October 2016, RBI data showed. They had borrowed a total of USD 2.11 billion from overseas sources in October 2015. Besides, an additional USD 299.64 million was raised by three companies through newly allowed rupee denominated bonds (RDB) floated overseas -- popularly known as masala bonds. So the data could not be compared adding the RDB funds alongwith the normal External Commercial Borrowing (ECB) route, which the companies generally use, as this is the second month ... image
Business Standard
177 22

India Inc's foreign borrowings at $1.47 bn in Oct

They had borrowed a total of USD 2.11 billion from overseas sources in October 2015

India Inc's borrowings from overseas markets fell by 30.3 per cent from a year ago to USD 1.47 billion in October 2016, RBI data showed. They had borrowed a total of USD 2.11 billion from overseas sources in October 2015. Besides, an additional USD 299.64 million was raised by three companies through newly allowed rupee denominated bonds (RDB) floated overseas -- popularly known as masala bonds. So the data could not be compared adding the RDB funds alongwith the normal External Commercial Borrowing (ECB) route, which the companies generally use, as this is the second month ...

image
Business Standard
177 22