External Commercial Borrowing:
A recent State Bank of India (SBI) report highlights the rising contributions of private sector investments and the role of External Commercial Borrowing (ECBs) in driving corporate financing, modernization, and capital expansion.External Commercial Borrowing (ECB) refers to loans or funding raised by Indian entities from foreign sources, including commercial banks, export credit agencies, and international markets. ECBs are typically used for capital expansion, modernization, and infrastructure projects and are governed by the Reserve Bank of India (RBI) guidelines.
