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      Question

      How much fundraising was done through External Commercial

      Borrowings (ECBs) in 2024?
      A Rs 4.5 lakh crore Correct Answer Incorrect Answer
      B Rs 3.64 lakh crore Correct Answer Incorrect Answer
      C Rs 2.5 lakh crore Correct Answer Incorrect Answer
      D Rs 5.8 lakh crore Correct Answer Incorrect Answer
      E Rs 1.2 lakh crore Correct Answer Incorrect Answer

      Solution

      To counter the slowdown in bank lending, NBFCs shifted focus to External Commercial Borrowings (ECBs), with fundraising hitting a five-year high of Rs 3.64 lakh crore in 2024.

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