Recent Highlights
All Stories for Ecbs
RBI limits total outstanding of external commercial borrowings to 6.5% of GDP
• 6 years agoThe Reserve Bank of India (RBI) on Thursday announced a cap on the outstanding stock of external commercial borrowings (ECB) at 6.5 percent of GDP at current market prices.
RBI move on ECB is good; will ease pressure on cost of borrowing, encourage firms to borrow more from market
Madan • 6 years agoThe idea is to have it more predictable so that companies can play around with their choice of borrowing.
RBI eases hedging norms for external commercial borrowings by reducing provision to 70% from current 100%
• 6 years agoThe relaxed norms will apply to the ECBs with a maturity period between 3 and 5 years, the RBI said in a notification
As rupee plumbs new lows, RBI eases overseas borrowing norms for oil companies
• 7 years agoWith the rupee continuing to touch new lows, the Reserve Bank on Wednesday allowed forex borrowings for working capital by oil marketing companies--the largest consumers of foreign currency--under the automatic route with immediate effect.
Govt's 5-pronged strategy to boost capital inflow unlikely to reverse rupee slide, says Moody's
• 7 years agoThe rupee has depreciated more than 10 percent against the US dollar since January 2018 and was at Rs 72.1 against the dollar as of 21 September.
Govt moves to arrest rupee depreciation may not drive fund inflows, negative from long-term perspective, says report
• 7 years agoThe government measures will have a sentimental impact on the market and the rupee trajectory "might not see a full reversal of the appreciation move of the last couple of days", it said.
ECBs, NRI deposits push external debt to $475.8 bn
Fp Archives • 10 years agoThe short-term external debt was $84.7 billion in March, showing a decline of 7.6 percent over the March 2014 level.
Mr PM, do you have accountability to investors?
Arjun Parthasarathy • 13 years agoBy opening the doors wider for FII investment, the PM will have to become more accountable to foreign investors.
When CAD is so bad, we should just ban gold imports
Fp Archives • 12 years agoGiven our current account deficit, it may be better to get into physical controls for a while. A gold import ban would would better than an import duty hike
One by one, India Inc's fund-raising options are shutting down
Sanjit Oberai • 13 years agoIn 2011, India Inc's sources of funding started drying up. External borrowings - the only big hope - are now a fading option as the rupee crashes