Tag: external commercial borrowings
Posted in Economy
Overseas borrowing may soon get easier and cheaper for Indian companies
MUMBAI: The central bank is working to relax rules on external commercial borrowings (ECBs), making it easier and cheaper for Indian companies to raise money…
Posted in Economy
ED cracks down on firms masking foreign loans as export advances
Dodging stringent rules on foreign loans have come back to haunt several companies. These entities have masked cheaper foreign currency loans – known as ‘external…