INSUBCONTINENT EXCLUSIVE:
markets in October this year, down 34 per cent from the year-ago period, RBI data showed on Wednesday.The domestic firms had raised over
In a break-up, the companies raised as much as $ 1.32 billion by way of external commercial borrowings (ECBs) from the automatic
(RDBs), popularly known as masala bonds.The company is engaged in electricity, gas and steam air conditioning supply and the proceeds of the
borrowings are to be used for refinancing of rupee loans, showed the RBI data on External Commercial Borrowings for October 2021.Major
Both the companies will use the funds for rupee expenditure.
