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India Inc foreign borrowing jumps over two-fold to $3.92 bn in April

Among major companies which tapped the overseas market to raise capital included - Reliance Jio, Aditya Birla Finance, Vayu Urja Bharat Private Ltd and JSW Steel Ltd

Press Trust of India  |  New Delhi 

foreign flows, Stock markets

raised $3.92 billion from overseas markets in the first month of the current financial year, up more than two-times from a year-ago period.

Among major which tapped the overseas market to raise capital included - ($747.03 million), ($152.35 million), ($155 million) and ($100 million).

All these firms raised the money through automatic route of (ECBs).

In the approval route category for ECBs, raised $1.5 billion for other purposes while Dewan Housing Finance Ltd raised $152.35 million (Rs 1,000 crore) by tapping therupee-denominatedd bonds (RDBs) during the month.

First Published: Tue, May 22 2018. 22:07 IST
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