external commercial borrowing
Rupee fall to hit exports: Study
In the import intensive industries, the ratio of upgrades to downgrades stood at 0.95 times.
OMCs to complete USD 10 bn overseas borrowing in one year: Fin Min
Till now OMCs were not allowed to raise ECB for working capital needs on a long-term basis.
Foreign inflows may not pick up
These measures as per government estimates is likely to bring in additional capital flows to the tune of $5-$10 billion.
India Inc overseas borrowing rises 11.6 pc in March
Domestic firms had borrowed USD 1.52 billion through external commercial borrowing in March 2016.
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