The borrowings in April this year included USD 1.27 billion through the automatic route and USD 39.26 million from approval route, showed data from Reserve Bank.
In an interview to CNBC-TV18, Arvind Sanger, Managing Partner of Geosphere Capital Management spoke about global equity markets and how they are shaping so far.
The rupee denominated bonds or masala bonds accounted for 39 per cent of the total ECBs of USD 7.39 billion reported by Reserve Bank during the fourth quarter of fiscal 2016-17.
The ECB proposal to European Union states, seen by Reuters, says that a draft piece of legislation on foreign bank regulation already under discussion among the 28 EU members should be toughened further.
The euro zone economy may be improving, but a change in the European Central Bank's policy guidance could backfire, tightening financial conditions, policymakers concluded at their March 9 meeting, the minutes of the discussion showed on Thursday.
While the US Fed plans more rate hikes later this year, it is the policy outcome of two other central banks that are more important and should be looked out for, says Bill Gross.
Although economic growth and inflation are both picking up, the ECB is expected to resist calls to tighten policy, pointing to political risks, weak underlying price growth and a still fragile recovery nearly a decade after the bloc's economic woes began.
Inflation in the euro zone rose to within a whisker of the ECB's target in January, data showed this week, but the bank is pushing back calls from Germany to begin winding down its policy of aggressive bond-buying and below-zero interest rates.
In the same month a year ago (December 2015), the foreign borrowings by Indian firms were at USD 3.03 billion.
Federal Reserve officials said on Thursday that fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for inflation and debt problems they might have to counteract.
The company will utilise these proceeds for refinancing its high cost external commercial borrowings (ECBs) to achieve its objective of reducing high cost debt and improving its debt maturity profile, APSEZ said in a statement.
Germany, France and the Netherlands are scheduled to hold general elections in 2017. Anti-immigration and populist parties are gaining popularity in these three nations.
In a postal ballot notice to shareholders, Vardhman Textiles has sought the consent of the shareholders for issuing "in one or more tranches, secured or unsecured redeemable non-convertible debentures/bonds on private placement basis or raise External Commercial Borrowings (ECB) for an amount not exceeding Rs 500 crore."
According to the data by foreign ministry, another USD 19.6 billion external commercial borrowings (ECBs) has to be repaid in FY18. According to a report in The Business Standard, a total of USD 207 billion foreign debt was to be repaid by March 2016.
Sheela Foam will list its shares on the exchanged today. It has fixed issue price at higher end of price band of Rs 680-730 per share. The Rs 510-crore initial public offer was oversubscribed 5.09 times on December 1, the last day for subscription. The issue was opened on November 29.
The ECB said it would cut monthly purchases to 60 billion euros from the current 80 billion euros but extend the buys until the end of 2017. Markets had expected purchases to stay at 80 billion but only for 6 more months, suggesting a compromise between hawks and doves in the Governing Council.
Equity benchmarks staged spectacular performance on Thursday with the Sensex rising nearly 500 points intraday on short covering after yesterday's unexpected RBI action.
Investor expectations point to an extension of the ECB's quantitative easing program by another six months but along with some signals that this monetary policy would not last forever.
Investors are likely to await ECB meeting this week and Fed FOMC next week for further cues, says Johanna Chua of Citigroup.
Besides, an additional USD 299.64 million was raised by three companies through newly allowed rupee denominated bonds (RDB) floated overseas -- popularly known as masala bonds.
Speaking to CNBC-TV18 Shane Oliver, Head, Investment Strategy & Chief Economist at AMP Capital Investors said that December seasonally is a strong month. There is a pause right now, he said, adding that events like Italian referendum, ECB and US Fed meets are around the corner.
"The euro area economy continues to expand at a moderate but steady pace, despite the adverse effects of global economic and political uncertainty," Draghi told an EU Parliament committee.
Speaking publicly and behind the scenes, ECB officials emphasise any U.S. shift towards protectionism under Trump could hurt the already fragile euro zone economy and pave the way for an even stronger backlash against globalisation and the euro project.
"The financial hedge for all exposures on account of ECB should start from the time of each such exposure (the day liability is created in the books of the borrower)," the central bank said in a clarification on hedging in the case of external commercial borrowings (ECBs).
Speaking to CNBC-TV18 Sanjeev Prasad of Kotak Institutional Equities said that corporate earnings have been a mixed bag this time around.