Tag: external commercial borrowings
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI report
New Delhi: The Reserve Bank’s recent measures are likely to help India attract USD 55-65 billion in inflows in the current fiscal, stabilise the rupee,…
RBI exempts bank swap deals from net unhedged FX exposure norm
Kolkata: The swap deals done by banks with the Reserve Bank of India for the money raised through foreign currency deposits, external commercial borrowings and…
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…
PSUs to get concessional forex swaps to boost external borrowings
Mumbai: Reserve Bank of India (RBI) will unveil a concessional foreign exchange swap facility valid until September 30 to incentivise external commercial borrowings (ECBs) by…
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…
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…