Mumbai: India Inc raised over USD 2.11 billion from overseas markets in October 2015, down 24.1 percent from the same month a year ago, RBI data showed Wednesday.
Domestic firms had raised USD 2.78 billion overseas in October last year.
Of the total borrowings during the month, USD 1.45 billion was raised through approval route, while USD 669.17 million came through automatic route.
Among those in the approval route category, Reliance Industries Limited raised USD 1.28 billion for import of capital goods, while Dewan Housing Finance Corporation raised USD 110 million for sub-lending.
Adani Ports and Special Economic Zone Ltd raised USD 60 million for refinancing of earlier ECB and capital expenditure for ports.
In the automatic route, major borrowers were Fiat India Automobiles Private Limited, which raised USD 250 million for rupee expenditure.
It is followed by MB Power (Madhya Pradesh) Ltd, which borrowed USD 150 million for power needs and Teva API India Private Limited, which raised USD 40 million for general corporate purpose.
