Indian companies sought $2.8 billion in ECBs in Nov: RBI Data
Thu, Jan 9, 2025 9:05 AM

Indian companies sought $2.8 billion in ECBs in Nov: RBI Data

A Flip by Shubhangi Gupta
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Indian firms, including Reliance Industries, sought to raise $2.8 billion through external commercial borrowings in November 2024, according to the latest Reserve Bank of India data released on Wednesday. About 82 firms registered with the Reserve Bank of India to borrow an aggregate amount of $1.4 billion from the automatic route.

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