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.Jan 16, 2014, 21:01 PM IST
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.Mar 05, 2013, 23:31 PM IST
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.Sep 04, 2012, 23:22 PM IST
The Reserve Bank Monday relaxed norms for infrastructure companies with direct foreign equity up to 25 percent to raise fund overseas without government permission.Sep 26, 2011, 21:25 PM IST
India Inc`s overseas borrowing
declined by over 30 per cent in December to USD1.56 billion
compared to the previous month.