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External Commercial Borrowings up 442% on year in Apr-Feb FY25
09-Apr-2025, 02:40
Reserve Bank of India stated today in its Monetary Policy Report that India's External commercial borrowing (ECB) flows saw significant increase, reaching US$ 15.2 billion during April-February 2024-25, as against US$ 2.8 billion a year ago, marking a spike of . Net accretions to non-resident deposits surged to US$ 14.3 billion during April-January 2024-25 from US$ 10.2 billion in the previous year, on the back of strong deposit growth in all three accounts i.e., FCNR(B), NRE and NRO.
Reserve Bank of India stated today in its Monetary Policy Report that India's External commercial borrowing (ECB) flows saw significant increase, reaching US$ 15.2 billion during April-February 2024-25, as against US$ 2.8 billion a year ago, marking a spike of . Net accretions to non-resident deposits surged to US$ 14.3 billion during April-January 2024-25 from US$ 10.2 billion in the previous year, on the back of strong deposit growth in all three accounts i.e., FCNR(B), NRE and NRO.
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