SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India Inc’s overseas borrowing rises 66.3% in June: RBI

31 Jul 2018 Evaluate

Indian companies borrowed $2.71 billion from overseas markets in the month of June 2018 through external commercial borrowing (ECB) and rupee-denominated bonds (RDBs), 66.3% more than last year. The borrowings were $1.63 billion in June last year.

According to the Reserve Bank of India (RBI) data report, of the total borrowings, ECB stood at $2,664,647,810 ($2.66 billion), while RDBs stood at $49,415,083 ($49.42 million). The report further found-out that as many as 77 firms went through the ECB route to raise $2.66 billion. Some companies which took the ECB route were HDFC ($750 million), Mangalore Refinery and Petrochemicals ($350 million), Shriram Transport Finance ($500 million) and Indiabulls Housing Finance ($240 million).

Further, RBI report noted that in June 2018, only two entities issued rupee-denominated bonds such as India Infoline Finance and Global Metal Forging. India Infoline Finance raised $47.94 million, while Global Metal Forging raised $1.47 million via RDBs.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: