India Inc's Foreign Raised $488.49 Million In November

Mumbai: India Inc raised $488.49 million via External Commercial Borrowings (ECBs) and Rupee Denominated Bonds (RDBs) in November 2016, as per RBI data. The Indian companies had raised $3.16 billion from foreign sources in the same month a year ago. However, the data is not comparable as borrowings through RDBs were included only this year. The number of companies raising money through ECB route in November 2016 fell to 34 from as ...