Page 2 - Government Borrowing

20 states evince interest to avail additional borrowing for power sector

The Ministry of Finance had launched a programme in June 2021 to allow additional borrowing space of Rs 80,000 crore to states

Fiscal gains

Higher tax revenue will give more flexibility in pushing expenditure

Centre borrows less than planned amid second wave of Covid-19 pandemic

Compared with last year, though, the borrowing has been higher

Despite record dividend, RBI and govt may have differences over new norms

Apex bank's Rs 99,122 cr dividend supports the Centre's fiscal rescue plan, obviates need to ramp up borrowings for now

Govt borrows 55% more this fiscal as lockdowns hit revenue collections

The Centre has borrowed Rs 2.1 trillion so far this fiscal

Asian central banks can do little as Covid cases surge, recovery falters

In Asia as Covid-19 cases are surging and slow pace of vaccinations, relegating central banks to a supporting role as interest rates already low, policies will center on more government borrowing.

Govt to borrow Rs 7.24 trn, or 60% of planned amount, till September

Borrowing will be done across yield curve ranging from two-year bonds to 40 years, and including floating rate bonds (FRB)

Govt to borrow Rs 7.24 trillion from market in six months: Finance Ministry

The net borrowings during the next fiscal year will be about Rs 9.37 trillion

Govt to borrow Rs 20,000 cr less this fiscal; RBI cancels debt auction

The government has decided to cancel its Rs 20,000 crore borrowing scheduled for March 26 on review of position of cash balance, the Reserve Bank of India said on Monday.

Issuers cancel planned bond sales as yields surge over govt borrowings rise

The strains came after India's government announced near-record borrowings of about 12 trillion rupees on Feb. 1, adding to concerns that companies could be crowded out of debt markets

How NSSF could morph from a rainy-day fund into a huge burden for the govt

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market

Why bonds dealers chose to ignore Shaktikanta Das' nationalist call

There's a tug-of-war between the RBI and the bond market, as the central bank refuses to accept higher yields

RBI will manage high govt borrowing in FY22 non-disruptively: Das

Das exuded confidence of the Reserve Bank being able to manage the high quantum of government borrowings for the next fiscal in a 'non-disruptive' manner

Top headlines: RBI holds rates, Pfizer withdraws vaccine application & more

Business Standard brings you top news of the evening

RBI in focus as India looks towards bigger borrowing: Decision Guide

The benchmark repurchase rate will be maintained at 4% Friday, according to 24 of the 32 economists in a Bloomberg survey, although cooling inflation has stoked expectations for a rate cut

BS Policy poll: Pause for sure, liquidity to be back in focus at RBI

The apex bank would still like to drain out some liquidity while managing yields through OMO or operation twist, to fend off inflation, especially when rate hikes seem distant

Expect RBI to keep accommodative stance at least till first half of FY22

We think the MPC could express its willingness to maintain the accommodative monetary stance at least till H1FY22, which should help sentiments

India's massive borrowing puts RBI under pressure to keep yields in check

India will borrow a gross Rs 12 trillion ($164 billion) via bonds in the fiscal year beginning April, Finance Minister Nirmala Sitharaman said on Monday

Budget 2021: Govt to borrow about Rs 12 trillion in FY22, says FM

Finance Minister Nirmala Sitharaman on Monday said the government will borrow about Rs 12 trillion in 2021-22

Budget Byte: Borrowing to boost spending but debt will bother govt

Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth