PRE-MARKET
In June, external commercial borrowings and foreign currency convertible bonds amassed an impressive $6.07 billion. Prominent borrowers included Shriram Finance and Microsoft Corp India, while Air India acquired necessary funding for aircraft imports through a leasing company. A total of 140 companies participated in these significant financial maneuvers, with data from the Reserve Bank of Indi….
Foreign borrowings hit over $6 billion in June as 140 firms tap global market
Impact Score
Market Sentiment
→NeutralPrimary Sectors
In June, external commercial borrowings and foreign currency convertible bonds amassed an impressive $6.07 billion. Prominent borrowers included Shriram Finance and Microsoft Corp India, while Air India acquired necessary funding for aircraft imports through a leasing company. A total of 140 companies participated in these significant financial maneuvers, with data from the Reserve Bank of Indi…
Key Highlights
In June, external commercial borrowings and foreign currency convertible bonds amassed an impressive $6.07 billion.
Prominent borrowers included Shriram Finance and Microsoft Corp India, while Air India acquired necessary funding for aircraft imports through a leasing company.
A total of 140 companies participated in these significant financial maneuvers, with data from the Reserve Bank of Indi….
Source
Economic Times
Published
2h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
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