The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the euro zone rose as Athens called new elections
The Reserve Bank today asked companies to divide utilisation of funds raised through External Commercial Borrowings (ECBs) under the heads of foreign currency and rupee expenditure. "On a review, it
The European Central Bank held interest rates at 1 percent on Thursday and will resist calls to do more to fight the euro zone crisis, putting the onus on governments
The government proposes a blanket ban on all companies under probe by the enforcement directorate (ED) and the Reserve Bank of India (RBI) from going for external commercial borrowings (ECBs).
In a decision that will throw a lifeline to ailing domestic airlines, the government on Thursday allowed external commercial borrowing (ECB) by them to meet their working capital requirements. This
The government on Wednesday allowed use of overseas borrowings in setting up toll systems on roads and highways. It also allowed power companies to swap 40 per cent of
Liberalising the external commercial borrowing (ECB) norms for power sector, the Centre today said companies can now use up to 40 per cent of loans to refinance their rupee debt,
Sops announced for the infrastructure companies in the Union budget 2012-13, such as doubling of the limit of tax-free bonds to Rs 60,000 crore, a target of 8,800 km of
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