External Commercial Borrowings
According to the Reserve Bank of India (RBI), agreements for external commercial borrowings (ECBs) signed by Corporate India jumped to a massive $12 billion in the April-June quarter of 2023, three times the level in the previous year.
About External Commercial Borrowings (ECBs)
- It refer to commercial loans [in the form of bank loans, buyers’ credit, suppliers’ credit, securitised instruments (e.g. floating rate notes and fixed rate bonds)] availed from non-resident lenders with minimum average maturity of 3 years.
Routes of ECB
- Automatic Route: If a company passes all the prescribed norms specified by the government, it can raise ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Bharat Tex 2025
- 2 RuTAGe Smart Village Center
- 3 New Maritime Initiatives to Enhance India’s Global Trade
- 4 Dinesh Khara Committee
- 5 SEBI Proposes Fast-Track Follow-On Offers for REITs & InvITs
- 6 Tobin Tax
- 7 Bond Central
- 8 Grameen Credit Score: A New Chapter in Rural Finance
- 9 Expansion of e-NAM Platform
- 10 RBI Survey on Farmer’s Share of Consumer Prices
- 1 BHARAT Campaign
- 2 Corporate Debt Market Development Fund
- 3 Guarantee Scheme for Corporate Debt
- 4 Offer for Sale
- 5 Expected Credit Loss Framework
- 6 E-Way Bill
- 7 Total Expense Ratio
- 8 Logistics Data Bank Project
- 9 SWAMIH Investment Fund
- 10 Amrit Bharat Station Scheme
- 11 National Digital Nagrik Forum
- 12 PM-MITRA Scheme
