Indian firms' foreign borrowings in April triple to $1.3 billion
The external commercial borrowings (ECBs) of Indian firms have risen up by three-fold to $1.30 billion in April this year.
During April, Indian firms also made additional borrowing of $394.53 million through rupee denominated bonds (RDBs), which have been permitted from September last year. Representational Image. Image Source: Pixabay