 "The central government's borrowing is expected to remain in line with the budgeted amount, with slight adjustments in the distribution across tenures, according to bond market participants. Earlier, there were expectations of a reduction in the suppl")
Indian companies, including non-banking financial companies (NBFCs), filed proposals in February 2025 with the Reserve Bank of India (RBI) to raise $2.82 billion through External Commercial Borrowings (ECBs).
Of this, the intent for fund-raising through the automatic route amounted to $2.62 billion, and that via the approval route was $197.4 million, according to RBI data.
Among the prominent firms that filed intent in February 2025 with the RBI is Tata Steel Ltd, for $750 million, for overseas investment in joint ventures and wholly owned subsidiaries. The funding from commercial banks has a maturity of six years.
Varanasi Aurangabad NH-2 Tollway
