Proposal allows External Commercial Borrowings for real-estate activities where FDI is permitted
RBI data showed net ECB inflows rose to $4.6 billion in April-June 2025 from $2.8 billion a year ago, even as registrations moderated and sectoral trends diverged
The National Bank for Agriculture and Rural Development (Nabard) is looking to raise its maiden external commercial borrowing in FY26, a top official said on Tuesday. The entity has received the Reserve Bank approval to undertake such an issuance and is now gearing up for it, its chairman Shaji KV told reporters here. "We have the permission in place and have started work on it," Shaji said, speaking on the sidelines of the annual Fibac event here. The bank is keen to undertake the issuance in FY26 itself, Shaji said, choosing not to point out to an exact timeline or quantum to be raised. Proceeds of the issue will be deployed for climate change-related financing activities for which funds are available at a discount, he said, adding that nearly the entire rural portfolio of the lender will qualify under the category. Stating that it is yet to appoint merchant bankers to undertake the fundraise, he said the final costs of borrowing will play an important role in determining the fi
External Commercial Borrowing inflows surge to $4.4 billion in April-May 2025, driven by capital expenditure, despite a slowdown in new ECB registrations
NIIF-backed Aseem Infrastructure Finance plans to raise ₹2,500 crore via market and external borrowings in FY26, focusing on green finance and loan book expansion
External commercial borrowings eased to $2.91 billion in April from $11.04 billion in March, with Shriram Finance and SMFG India among major ECB filers
Eyes ECBs and international bond markets
The net inflows were $1.9 billion in February 2025, up from $1.3 billion in February 2024
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 facility carries a tenor of three years and is fully hedged, ensuring mitigation of foreign exchange and interest rate risks, the press release added
It is the is the highest amount raised in the last five years through that route
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
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
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
John Energy is currently facing various litigations initiated by ICICI Bank and other lenders before NCLAT
Resource mobilisation challenge, regulatory nudge to weigh on growth
Value doubles to $49.2 bn as firms raise capital for modernisation projects and infrastructure development
Company aims for strategic adjustments to benefit from the anticipated softening of interest rates
HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business
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