In November they had raised $2.19 billion from abroad, according to the Reserve Bank data released today.
As many as 68 firms raised money from external sources in December. Of these, 54 companies raised $560.73 million through the automatic route for which no approval is required from the RBI or the government.
The remaining 14 firms raised $4.01 billion through the approval route, requiring permission from the RBI.
Under the approval route, ONGC Videsh Ltd raised $1.5 billion for overseas acquisition and OIL India Ltd raised $1 billion and $300 million for overseas acquisition in two separate deals.
Besides, Indian Oil Corporation raised $500 million for import of non-capital goods and Essar Oil raised $150 million for refinancing of rupee loans.
Reliance Industries and Air India raised $100 million and $95 million respectively, for import of capital goods.
Under the automatic route, North Eastern Electric Power Corporation Ltd raised $100 million for new project financing. NTPC and NSL Wind Power Company (Kayathar) also raised $75.35 million and $48 million respectively, for power projects