Indian companies raised $3.76 billion through external commercial borrowings (ECBs) in April 2026, up from $2.91 billion a year earlier, RBI data showed. Major borrowers included Reliance Industries, ReNew Surya Roshni, Serentica Renewables, Indian Oil and Air India. ECBs were used for manufacturing, refinancing, working capital and capital goods imports.

Indian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. Non-banking financial firms are leading…

Indian companies raised $3.76 billion through external commercial borrowings (ECBs) in April 2026, up from $2.91 billion a year earlier, RBI data showed. Major borrowers included…

Indian NBFCs raised over $3.24 billion in bonds this week after RBI measures slashed borrowing costs by 40-45 basis points, equaling one-third of April-May