An analysis of the implications of ECBs for the Indian economy

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Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/20486

DC Field	Value	Language
dc.contributor.advisor	Chanda, Rupa
dc.contributor.author	Mathew, Roshan V
dc.contributor.author	Bose, Sarat
dc.date.accessioned	2021-11-09T10:21:58Z	-
dc.date.available	2021-11-09T10:21:58Z	-
dc.date.issued	2014
dc.identifier.uri	https://repository.iimb.ac.in/handle/2074/20486	-
dc.description.abstract	External 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.publisher	Indian Institute of Management Bangalore
dc.relation.ispartofseries	PGP_CCS_P14_167
dc.subject	External commercial borrowings
dc.subject	ECBs
dc.subject	Indian economy
dc.subject	Economics
dc.title	An analysis of the implications of ECBs for the Indian economy
dc.type	CCS Project Report-PGP
dc.pages	13p.
Appears in Collections:	2014

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