European bonds held gains after the announcement, with the 10-year yield three basis points lower at 3.05 per cent . The euro was steady against the dollar at $1.1538
Indian companies proposed raising $3.76 billion through external commercial borrowings and foreign currency convertible bonds in April, down from $5.43 billion in March
State-owned entities are expected to lead fundraising under the RBI's concessional swap facility, with market participants estimating inflows of $15-20 billion
The concessional dollar-rupee swap window, available until January 2027, aims to encourage overseas borrowings by PSUs and banks while supporting foreign capital inflows
The updated MoU between the RBI and ECB will facilitate regular information exchange, policy dialogue and technical cooperation in areas of mutual interest
The ECB was stung by an energy-led rise in inflation following Russia's invasion of Ukraine in 2022, which it initially wrote off as temporary before hastily raising rates by a record amount
IIFL Home Finance has signed a $300 mn loan pact with ADB to expand affordable housing finance for low-income borrowers, with over a quarter of funds earmarked for green-certified homes
Lagarde also defended a system that was built "by the powerful and the powerless alike" after last century's wars, while stressing it may need reforms, citing the World Trade Organisation
Recipients of the message said this indicated that Lagarde did not want to leave the ECB immediately but she did not firmly close the door to such a step either
RBI's easing of ECB rules-expanding eligibility, lifting limits and removing pricing caps-is expected to spur offshore fundraising, especially as refinancing demand rises
Indian companies filed ECB and FCCB proposals worth $4.43 billion in December, the highest monthly amount in FY26, led by NBFCs and infrastructure-linked borrowers
Asked about the currency, Lagarde said the ECB was keeping a close eye on markets but ultimately concluded that no big change has taken place in recent months
Net ECB inflows eased to $8 bn in April-September 2025 as borrowings fell yoy, but inflows still exceeded outflows, prompting RBI to adjust norms amid a strong external sector
Lenders are discussing a potential solution with the ECB about easing charges imposed after Europe's markets agency withdrew recognition of the CCIL and other agencies three years ago
Muthoot Finance has raised $600 million via ECB, marking the final tranche under its $2 billion GMTN programme, with funds earmarked for lending expansion across India
The probe relates to a complaint from two women who claimed they were spiked at a pub in the SW6 area of south-west London, which includes Fulham and Parsons Green
