Indian firms obtained ECB (External Commercial Borrowings) sanctions worth $ 3.5 billion or an estimated Rs 26,000 crore in April-June'2020, show latest RBI data. This is about one-third of the sum - $11.9 billion-they borrowed in the same period a year ago.source https://economictimes.indiatimes.com/industry/banking/finance/india-incs-overseas-borrowing-are-set-to-accelerate-with-the-rupee-showing-a-stable-outlook/articleshow/78070829.cms
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