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NTPC invites bids for 1,320-MW Khargone proj in Madhya Pradesh

Last Updated: Sunday, June 08, 2014, 15:14

The state-run major plans to finance the EPC package for Khargone plant through External Commercial Borrowings (ECB) and own resources, according to the tender document issued on Saturday.

Indian firms borrow $3.2 bn in April from overseas markets

Last Updated: Tuesday, June 03, 2014, 21:28

Indian firms including Reliance Industries and Oil India raised USD 3.2 billion overseas via external commercial borrowings (ECBs) and foreign commercial convertible bonds (FCCBs) in April.

RBI relaxes norms to raise funds via ECBs

Last Updated: Friday, May 16, 2014, 20:32

As per the extant ECB policy, ECBs from direct foreign equity holders (FEHs) are considered both under the automatic and the approval routes.

Rescheduling norms for ECB simplified

Last Updated: Friday, May 09, 2014, 21:56

Simplifying ECB norms, the RBI on Friday allowed banks to re-schedule loans raised through external commercial borrowings by companies.

Ban on ECB to repay rupee loans may put 25 firms in trouble

Last Updated: Wednesday, April 30, 2014, 21:22

As many as 25 large companies may find it difficult to arrange Rs 53,200 crore to repay debt this financial year after the Reserve Bank tightened norms for domestic firms borrowing foreign currency overseas to retire rupee loans.

RBI stops banks from extending ECBs for repaying rupee loans

Last Updated: Tuesday, April 22, 2014, 22:52

The Reserve Bank of India Tuesday disallowed overseas branches of domestic banks from extending external commercial borrowings (ECBs) to manufacturing and infrastructure companies for repaying rupee loans.

RBI extends ECB borrowing window for airlines till March 2015

Last Updated: Wednesday, March 26, 2014, 21:00

The Reserve Bank on Wednesday extended the deadline for aviation sector to raise funds through external commercial borrowings (ECBs) route till March 2015, a move that would provide relief to the cash-crunched sector.

Indian firms raise $4.56 bn from foreign markets in Dec

Last Updated: Friday, January 24, 2014, 16:42

Indian companies raised USD 4.56 billion from the overseas market in December, twice as much as they did in the previous month, through external commercial borrowings and foreign currency convertible bonds.

Use of ECB allowed for multiple rounds of disinvestment: RBI

Last Updated: Monday, September 30, 2013, 21:15

In 2005, ECB proceeds were allowed to be used in the first stage acquisition of shares in the disinvestment process and in the mandatory second stage offer to the public under the government's disinvestment programme of PSU shares.

India's external debt declines by $3.6 bn in Q1

Last Updated: Monday, September 30, 2013, 19:21

India's external debt at the end of the first quarter of the current fiscal declined by 0.9 percent on sequential basis to USD 388.5 billion due to strengthening of the US dollar against rupee.

RBI eases overseas investment norms for Indian corporates

Last Updated: Wednesday, September 04, 2013, 14:36

RBI also clarified that the curbs on capital outflows imposed on August 14 will not apply with retrospective effect.

India Inc raises $3.71 bn in July via ECB, FCCB routes

Last Updated: Tuesday, September 03, 2013, 17:37

India Inc raised over USD 3.71 billion from overseas markets in July through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs).