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Outer Commercial Borrowings, otherwise called ECB, to put it plainly, are credits which are acquired from unfamiliar banks and organizations. As the name shows, External Commercial Borrowings will be borrowings that are produced using unfamiliar foundations and banks. ECB can just be utilized for a particular reason. Outer Commercial Borrowings are business advances which are given by unfamiliar institutional speculators. These credits convey a lower pace of enthusiasm for correlation with the loan fees which are offered by business banks in India. Subsequently, organizations and Public Sector Undertakings (PSU) incline toward settling on ECBs.

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