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ECBs net inflows rise to $7.9 bn in H1FY25 from $6.8 bn in H1FY24: RBI data

Business Standard LogoBusiness Standard6h ago

ECBs net inflows rise to $7.9 bn in H1FY25 from $6.8 bn in H1FY24: RBI data - Business Standard

Quick Summary:

Analysis of the end-use of registrations showed that ECBs for import or local sourcing of capital goods were pegged at $1.3 billion in H1FY25, sharply down from $9.

ECBs net inflows rise to $7.9 bn in H1FY25 from $6.

The weighted average interest margin (WAIM) over the benchmark rates during H1FY25 was five basis points higher than during H1FY24.


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Article Details

Category: BusinessFinance

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 16:48:17 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 428 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23735750

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Official Website: business-standard.com

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