Cos allowed to convert overseas borrowing into equity via ECB

Reserve Bank Thursday said companies can convert their overseas borrowings through the ECB route into equity shares at the foreign exchange rate applicable on the date of swap agreement.

RBI relaxes overseas borrowing norms for corporate

Corporates can raise funds through external commercial borrowings through the automatic route, notwithstanding the pending investigations by law enforcement agencies against them, as the Reserve Bank Tuesday relaxed the ECB guidelines.

India cos' overseas borrowing falls to $1.07 bn in July

Overseas borrowings by Indian companies fell to USD 1.07 billion in July from USD 1.99 billion in the previous month, Reserve Bank data showed on Tuesday.

RBI relaxes overseas borrowing norms for infra companies

The Reserve Bank Monday relaxed norms for infrastructure companies with direct foreign equity up to 25 percent to raise fund overseas without government permission.

India Inc`s Dec overseas borrowing down over 30% to $1.56 bn

India Inc`s overseas borrowing
declined by over 30 per cent in December to USD1.56 billion
compared to the previous month.