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India Infoline News Service | Mumbai |

Showing signs of uptick and confidence in Indian business environment, external commercial borrowing by Indian companies rose to US$4.3bn in February 2014

Showing signs of uptick and confidence in Indian business environment, external commercial borrowing by Indian companies rose to US$4.3bn in February 2014. The borrowing by Indian companies through this route was at US$1.79bn in the previous month, according to data provided by the Reserve Bank. (BS)

Even as China invested more in renewable energy than the whole of Europe in 2013, India’s investment in renewable energy went down 15% to US$6bn last year, according to the Global Trends in Renewable Energy Investment 2014 report. (ET)

In its Global Financial Stability Report, International Monetary Fund has warned that Indian banks don’t have enough of a buffer to absorb unanticipated losses, and may have to dip into capital if credit quality deteriorates. (ET)
 

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