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Author

Neha Sharma

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Review Open access Aug 2026

An overview of external commercial borrowings in India: Growth trends and emerging challenges

External Commercial Borrowings (ECBs) constitute a pivotal instrument of cross-border debt financing and have played a central role in shaping India’s capital account dynamics since the economic liberalisation of 1991. This paper provides a comprehensive descriptive review of ECB policy evolution, inflow trends, sector...

Neha Sharma, Rakesh Kumar Srivastava · 0 citations

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