A Study on External Commercial Borrowings – Impact on Indian Industries
Author(s): Dr. Sandeep Poddar
Publication #: 2502040
Date of Publication: 10.06.2023
Country: India
Pages: 1-4
Published In: Volume 9 Issue 3 June-2023
Abstract
Abstract
This research paper examines the role of External Commercial Borrowings (ECBs) in the Indian economy, focusing on their impact on Indian industries. It explores the concept of ECBs, their advantages and disadvantages, the regulatory framework governing them, and analyzes trends in ECB inflows over recent years. The study aims to understand the motivations behind Indian corporates' utilization of ECBs, assess their effects on domestic industries, and identify the potential drawbacks associated with this form of financing. The research methodology relies on secondary data analysis, primarily sourced from the Reserve Bank of India (RBI) and other publicly available resources.
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