India Inc's overseas borrowing are set to accelerate, with the rupee showing a stable outlook - THEMARKETTRENDZ

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Friday, 11 September 2020

India Inc's overseas borrowing are set to accelerate, with the rupee showing a stable outlook

Indian firms obtained ECB (External Commercial Borrowings) sanctions worth $ 3.5 billion or an estimated Rs 26,000 crore in April-June'2020, show latest RBI data. This is about one-third of the sum - $11.9 billion-they borrowed in the same period a year ago.

from Banking/Finance-Industry-Economic Times
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