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The Economic Times
The Economic Times

India Inc's overseas fundraise picks up pace in May to $4.7 bn: RBI data

RBI ECB Indian Railway Finance Corporation NTPC Bonds

Mumbai: Indian companies' proposals to raise money from foreign sources under the external commercial borrowings (ECB) route witnessed a month-on-month jump of 25.8 per cent in May at USD 4.74 billion, the Reserve Bank said on Tuesday.

In April, total ECB filings were down by 30.69 per cent month-on-month.

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