India Inc raised a total of $2.18 billion funding from overseas markets in July 2018 through external commercial borrowing (ECB), up 74% from a year ago, according to latest data from the Reserve Bank Of India (RBI). In July 2017, the companies raised $1.89 billion from foreign markets. Of the total borrowings (ECB), $1.75 billion was raised through automatic route and rest from approval route of the ECB.
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