External Commercial-borrowings

Showing 1 of 11 from 11 results
External Commercial-borrowings - Total results - 11
CAD inches up to 2.1% at $57.2 bn in FY19, but more than halves in Q4; net services receipts increase 5.8% to $21.3 bn
Business

CAD inches up to 2.1% at $57.2 bn in FY19, but more than halves in Q4; net services receipts increase 5.8% to $21.3 bn

Overall trade performance was the prime influencer for both the contraction in CAD for the March quarter as well as a widening for the full year.

Jet Airways crisis: How did the debt-laden airline secure ECB for working capital purposes?
Business

Jet Airways crisis: How did the debt-laden airline secure ECB for working capital purposes?

Yet curiously Jet Airways says the default it has committed on meeting its tryst with the ECB was precisely working capital related.

Corporate India's foreign borrowing down 45% at $2.42 bn in January, RBI data reveals
Business

Corporate India's foreign borrowing down 45% at $2.42 bn in January, RBI data reveals

India Inc's external commercial borrowings (ECBs) fell by 45 percent to $2.42 billion in January 2019 as compared to the year-ago period, data from RBI has showed

RBI limits total outstanding of external commercial borrowings to 6.5% of GDP
Business

RBI limits total outstanding of external commercial borrowings to 6.5% of GDP

The 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 eases hedging norms for external commercial borrowings by reducing provision to 70% from current 100%
Business

RBI eases hedging norms for external commercial borrowings by reducing provision to 70% from current 100%

The relaxed norms will apply to the ECBs with a maturity period between 3 and 5 years, the RBI said in a notification

Reserve Bank of India relaxes ECB norms for infra companies to 3 years from 5 years
Business

Reserve Bank of India relaxes ECB norms for infra companies to 3 years from 5 years

The relaxations in the ECB norms follow other moves by the RBI, including last week's permission to banks to use credit enhancement to help NBFCs raise medium to long-term funds.

RBI nod to masala bonds by Indian firms welcoming as exchange rate risks shift to lenders
Business

RBI nod to masala bonds by Indian firms welcoming as exchange rate risks shift to lenders

Masala bonds shift the exchange rate risks onto the lenders, with all other features of ECB staying intact.

RBI extends ECB borrowing window for airlines till March 2016
Business

RBI extends ECB borrowing window for airlines till March 2016

The overall ECB ceiling for the entire civil aviation sector would be $1 billion and the maximum permissible ECB that can be availed by an individual airline company will be $300 million, it said.

RBI allows overseas lenders to give rupee loans to Indian companies
Finance

RBI allows overseas lenders to give rupee loans to Indian companies

The RBI further said for lending in rupees, the lender would have to follow certain conditions, including currency swaps with authorised banks.<br />

FinMin seeks to reduce withholding tax on ECBs
Economy

FinMin seeks to reduce withholding tax on ECBs

Former finance minister Pranab Mukherjee in his budget for 2012-13 in May had proposed to slash withholding tax from 20 percent to 5 percent.