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ARTICLE · 12 JANUARY 2021

External Commercial Borrowing:A Banking Perspective

King, Stubb & Kasiva
King, Stubb & Kasiva
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Growth and profit making are the ultimate objectives of every business entity. These objectives can only be achieved through sufficient financial resources ...

IndiaCorporate/Commercial Law
Akshay Ramesh
Akshay Ramesh
Aishwarya . S
Aishwarya . S
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Growth and profit making are the ultimate objectives of every business entity. These objectives can only be achieved through sufficient financial resources that will enable them to thrive in the market. Therefore these entities depend on various sources of finance which may in the form of debt instruments, securities, funding from banks and financial institutions, etc. However, in certain circumstances, the entity wants to expand its operations but it is not feasible to avail funding within borders. It is during such cases, the entity relies on certain other funds from foreign or external sources such as American Depository Receipts (ADR), European Depository Receipts (EDR), External Commercial Borrowing, etc.

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