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Why more and more Indian corporates are opting for rupee loans

Finance

02 November, 2022

Why more and more Indian corporates are opting for rupee loans

Corporate borrowers are switching to rupee credit from dollar loans which have turned expensive in the wake of the US ......

NeoGrowth raises $20 mn from DFC via ECBs

Finance

01 November, 2022

NeoGrowth raises $20 mn from DFC via ECBs

NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has secured $20 million (around Rs 160 crore) from ......

Listed U Gro Capital raises funding via ECB route

Finance

03 October, 2022

Listed U Gro Capital raises funding via ECB route

Listed-fintech lending platform U Gro Capital Ltd, on Monday announced that it raised $5 million via external commercial borrowings (ECB) ......

CreditAccess Grameen raises $25 mn from Swedfund International AB

Finance

19 July, 2021

CreditAccess Grameen raises $25 mn from Swedfund International AB

Microfinance firm CreditAccess Grameen Ltd has raised $25 million (Rs 187 crore) in external commercial borrowings (ECB) from Sweden’s development ......

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Manappuram-controlled Asirvad Microfinance to raise money from German impact investor

Finance

14 September, 2020

Manappuram-controlled Asirvad Microfinance to raise money from German impact investor

Asirvad Microfinance, majority owned by Manappuram Finance, will raise about Rs 220 crore (€25 million) in external commercial borrowing (ECB) ......

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Finance

03 January, 2020

Microlender Satin Creditcare raises debt capital from Development Bank of Austria

Microfinance firm Satin Creditcare Network Ltd has raised $15 million (Rs 107.6 crore at current exchange rate) in debt from ......

Global economic outlook turns sour as US-China trade war drags on

Economy

07 June, 2019

Global economic outlook turns sour as US-China trade war drags on

The synchronised global economic expansion, cheered on by investors who pushed Wall Street stocks to a record high last month, ......

RBI allows bidders for stressed assets to borrow overseas

Finance

07 February, 2019

RBI allows bidders for stressed assets to borrow overseas

The Reserve Bank of India (RBI) on Thursday allowed access to overseas or external commercial borrowings (ECBs) for the bankruptcy ......

RBI extends overseas borrowing window for airlines till March 2015

Infrastructure

27 March, 2014

RBI extends overseas borrowing window for airlines till March 2015

The Reserve Bank of India (RBI) has extended the deadline for aviation sector to raise the funds through external commercial ......

RBI says companies can swap overseas borrowings into equity at forex rate prevailing on date of conversion

General

16 January, 2014

RBI says companies can swap overseas borrowings into equity at forex rate prevailing on date of conversion

The Reserve Bank of India (RBI) said companies can swap their overseas loans or other payables such as fees and ......