Date:16/03/2004 URL: http://www.thehindubusinessline.com/2004/03/16/stories/2004031602330300.htm

Back RBI nod for $473.21 m ECBs

Our Bureau

Mumbai , March 15

THE Reserve Bank of India has in February given approvals to 39 companies to raise external commercial borrowings worth $473.21 million.

The apex bank released the latest information relating to the ECBs under both automatic and approval routes for February, with a view to facilitating greater transparency.