India's ECB fundraising more than doubles to $37.45 billion
In short
India's external commercial borrowing fundraising more than doubled to $37.45 billion in H1FY27.
Public sector borrowers took a large share of the overseas money, and private companies also borrowed from foreign lenders.
What the reporting says
India’s external commercial borrowing fundraising rose to $37.45 billion in H1FY27 as public sector borrowers stepped up overseas borrowing, with private companies also tapping foreign lenders for large sums. The report says PSUs accounted for a sizeable share of the total, showing stronger appetite for foreign debt funding.
Why it matters
India’s ECB fundraising more than doubled to $37.45 billion in H1FY27, with public sector borrowers taking a sizeable share and private companies also raising large sums from foreign lenders. The move points to heavier use of overseas debt financing by Indian borrowers.