{"id":105744,"date":"2016-08-26T22:21:00","date_gmt":"2016-08-26T22:21:00","guid":{"rendered":"http:\/\/151.106.38.4\/2016\/08\/26\/indian-firms-july-foreign-borrowings-down-44\/"},"modified":"2016-08-26T22:21:00","modified_gmt":"2016-08-26T22:21:00","slug":"indian-firms-july-foreign-borrowings-down-44","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2016\/08\/26\/indian-firms-july-foreign-borrowings-down-44\/","title":{"rendered":"Indian firms\u2019 July foreign borrowings down 44%"},"content":{"rendered":"<p><img src=\/old_site\/><\/p>\n<div>Overseas borrowings by Indian companies in July this year fell by 44 per cent to $1.2 billion as against $2.14 billion in the same month last year, Reserve Bank of India (RBI) data here showed on Friday.<\/div>\n<div>The central bank said that while $1.02 billion was raised through the automatic route, the remaining $183.7 million came through the approval route.<\/div>\n<div>Among major Indian borrowers using the automatic route were Housing Development Finance Corporation ($446.38 million) for \u201con-lending\/sub-lending\u201d, Glenmark Pharmaceuticals ($200 million) for overseas acquisition and Adani Transmission ($74.40) million for refinancing of rupee loans.<\/div>\n<div>Under the same automatic route category, Birla Corporation raised $40 million for refinancing of earlier external commercial borrowings, Siemens Financial Services raised $37.20 million for on-lending and Continental Warehousing Corp. in Nhava Sheva raised close to $35 million for refinancing of rupee loans.<\/div>\n<div>Under the approval route, Tikona Digital Networks raised $171 million for import of capital goods, Vijayawada Tollway raised $11.07 million for road related works and Ionbond Coatings raised $1.63 million for \u201cgeneral corporate purpose\u201d.<\/div>\n<div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Overseas borrowings by Indian companies in July this year fell by 44 per cent to $1.2 billion as against $2.14 billion in the same month last year, Reserve Bank of India (RBI) data here showed on Friday. The central bank said that while $1.02 billion was raised through the automatic route, the remaining $183.7 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-105744","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/105744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=105744"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/105744\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=105744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=105744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=105744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}