Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/20486
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dc.contributor.advisorChanda, Rupa
dc.contributor.authorMathew, Roshan V
dc.contributor.authorBose, Sarat
dc.date.accessioned2021-11-09T10:21:58Z-
dc.date.available2021-11-09T10:21:58Z-
dc.date.issued2014
dc.identifier.urihttps://repository.iimb.ac.in/handle/2074/20486-
dc.description.abstractExternal commercial borrowings are instruments allowed in India for Indian corporates and public sector industries to borrow funds from abroad. Given the very low interest rate prevalent in Europe, ECBs have gained a considerable prominence among capital-intensive industries in India. ECBs can be availed through automatic approval route and special approval route. The instruments are heavily monitored and regulated by RBI. Investments in speculative markets such as stocks or real estate are not allowed. The intended end use of ECBs is to invest in productive ventures. Over a period of 10 years RBI has reworked its regulatory methods as when it needed.
dc.publisherIndian Institute of Management Bangalore
dc.relation.ispartofseriesPGP_CCS_P14_167
dc.subjectExternal commercial borrowings
dc.subjectECBs
dc.subjectIndian economy
dc.subjectEconomics
dc.titleAn analysis of the implications of ECBs for the Indian economy
dc.typeCCS Project Report-PGP
dc.pages13p.
Appears in Collections:2014
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