Fri, Mar 29, 2019
Among the major borrowers were Oil India Ltd (USD 550 million for overseas investment), Indian Oil Corporation (USD 400 million as working capital loan), Shriram Transport Finance Company (USD 400 million for sub-lending) and Mahindra & Mahindra Financial Services (USD 300 million for sub-lending).
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Sun, Mar 24, 2019
The company is targeting 25-30 per cent credit growth for FY20 and he hinted that this capital raised will suffice for at least one year given the credit growth target.
Wed, Dec 06, 2017
The department of Economic Affairs, Ministry of Finance, government of India along with RBI, monitor and regulate ECB guidelines and policies.
Thu, Jun 08, 2017
RBI has made some changes to rules pertaining to masala bonds that may make this fundraising route less attractive.
Sat, May 27, 2017
The external commercial borrowings (ECBs) of Indian firms have risen up by three-fold to $1.30 billion in April this year.
Wed, May 03, 2017
“If the rupee remains stable at current levels or appreciates further, it would offer RDBs’ investors healthy returns and sustain their interest in participating in future issuances; and vise versa," as per ICRA.
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