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India Inc's overseas borrowing up 6.5% to USD 2.12 bn in Nov 2019

India Inc's overseas borrowing up 6.5% to USD 2.12 bn in Nov 2019

Sunday, January 5, 2020, 7:39 PM

Overall borrowings by India Inc from overseas markets grew 6.5 per cent to USD 2.12 billion in November 2019, the Reserve Bank data showed. Domestic companies had borrowed over USD 1.99 billion in November 2018 from foreign sources. Of the total foreign borrowing during the month, USD 2,11,53,22,022 was raised through the automatic route under the external commercial borrowing (ECB).
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