India, May 15 -- Foreign borrowing filings by companies and lenders halved to $5.43 billion in March amid financial market volatilities following the West Asia conflict, the RBI said on Thursday. The proposals filed by Indian companies, including non-banking financial companies (NBFCs), were lower than the USD 11.04 billion they had filed in March 2025, but higher than preceding February's $4.59 billion, the RBI said.

Of the total, intent from general permission stood at $5.22 billion in March 2026, and special permission was $212 million, according to data.

Amid concerns over sluggish capital expenditure growth, data suggested that there were 19 filings for new projects totalling a borrowing of $1.14 billion, the central bank said, add...