External Commercial Borrowings

Nabfid plans to raise up to ₹70,000 crore in FY26 for development push

Eyes ECBs and international bond markets

Net ECB inflows more than double in Apr-Feb; highest in at least 5 years

The net inflows were $1.9 billion in February 2025, up from $1.3 billion in February 2024

Indian companies file $2.82 billion ECB plans with RBI in February 2025

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

Piramal Finance raises Rs 2,300 crore via external commercial borrowing

The facility carries a tenor of three years and is fully hedged, ensuring mitigation of foreign exchange and interest rate risks, the press release added

Indian companies raised Rs 3.64 trn through ECB route in 2024

It is the is the highest amount raised in the last five years through that route

IIFCL plans to raise about Rs 8,000 cr from borrowing during Jan-Mar qtr

State-owned India Infrastructure Finance Company Ltd (IIFCL) on Monday said it plans to raise about Rs 8,000 crore from borrowing, including from overseas institutions, during the January-March quarter. "We had planned to raise Rs 29,000 crore during the current fiscal to fund business growth of 20 per cent. Out of that 75 per cent have been mobilised in the three quarters and 25 per cent would be done during this quarter," IIFCL Managing Director PR Jaishankar said on the sidelines of 20th foundation day of the company. The company plans to raise USD 200 million through external commercial borrowing during this quarter, he said. Besides, he said, the company has finalised blended finance of USD 600 million with the Asian Development Bank and Korean Exim Bank to expand its investor base and lower the borrowing cost. First tranche of this, he said, about USD 200 million may come through this fiscal while the remaining may come in only in 2025-26. "We are in touch with ADB, World Ba

ECBs net inflows rise to $7.9 bn in H1FY25 from $6.8 bn in H1FY24: RBI data

Analysis of the end-use of registrations showed that ECBs for import or local sourcing of capital goods were pegged at $1.3 billion in H1FY25, sharply down from $9.4 billion in H1FY24

India Inc files ECB intent worth $4.84 billion in September: RBI data

Registrations for ECBs by Indian companies almost doubled to $49.2 billion in the year ended March 2024 (FY24) from $26.6 billion in FY23

ICICI Bank invites bids to sell $28 million exposure in John Energy

John Energy is currently facing various litigations initiated by ICICI Bank and other lenders before NCLAT

Commercial banks credit growth to moderate to 12-14% in FY25: Moody's

Resource mobilisation challenge, regulatory nudge to weigh on growth

Indian firms' external commercial borrowing registration up 84% in FY24

Value doubles to $49.2 bn as firms raise capital for modernisation projects and infrastructure development

L&T Finance plans to increase short term, ECB fundraise in FY25

Company aims for strategic adjustments to benefit from the anticipated softening of interest rates

HDFC Credila raises $100 million via ECB to diversify funding resources

HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business

The 'stable' run for the rupee to continue

Reserve Bank of India will have to continue to monitor the movements and be nimble to spot volatility in both directions and intervene selectively to reduce excess noise

L&T board approves a proposal to raise funds worth Rs 7,500 crore

L&T added, these funds would be raised in the form of external commercial borrowings, term loans, non-convertible debentures, or any other instrument as may be appropriate

8 NBFCs to raise $2 bn through ECB after positive outlook for Indian firms

Overseas borrowing by Indian corporates and high-rated non-banking financial companies (NBFCs) is likely to grow as hedging costs are low and there is a softening bias of global interest rates

ECB registration declines for the first time in FY24: RBI monthly bulletin

External commercial borrowing (ECB) refers to the borrowing of funds by Indian companies from foreign sources in the form of loans, bonds, or other financial instruments

Spandana Sphoorty Financial raises $20 mn via ECB to fund business growth

Micro finance firm Spandana Sphoorty Financial Limited on Thursday said it raised USD 20 million from External Commercial Borrowings (ECBs) to fund business growth. The company has raised External Commercial Borrowings of USD 20 million with a tenure of 36 months, Spandana Sphoorty Financial said in a regulatory filing. Last year, RBI had imposed a monetary penalty on Spandana Sphoorty for the company's failure to adhere to pricing of credit guidelines for Non-Banking Financial Company-Micro Finance Institutions. In furtherance to the same, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for failure to comply with the RBI directions, the RBI had said.

External commercial borrowing of India Inc may stay muted in FY23

Approvals may be $30-35 bn in FY23, says ICRA

CreditAccess Grameen to raise Rs 15 crore via ECBs, says MD Udaya Kumar

Additionally, its public issue of non-convertible debentures (NCDs) worth up to 5 billion Indian rupees ($61.4 million) will launch on Nov. 14