Indian companies' proposals to raise money from foreign sources under the external commercial borrowings (ECB) route witnessed a month-on-month jump of 25.8 per cent in May at USD 4.74 billion, the Reserve Bank said on Tuesday. In April, total ECB filings were down by 30.69 per cent month-on-month. According to the RBI's data, total ECB filings stood at USD 4.74 billion in May 2026, as compared to USD 3.77 billion in April 2026. The entire intent was from the general permission, and special permissions remain 'nil' in the reporting month.