Page 5 - Government Borrowing

Small saving schemes account for 20.9% of government borrowing in FY18

Centre took Rs 1,002 bn from here in 2017-18, sharply up from Rs 904 bn a year before and Rs 123.6 bn in FY14

Govt's lower-than-expected borrowing will be positive for PSBs and NBFCs

In Q3, too, PSBs had to make significant provisions (hence mark-to-market losses) due to a sharp rise in yields

Centre, RBI to announce H1 borrowing, weekly bond issue calendar on Monday

The borrowing calendar with details of weekly issue of bonds by the RBI will also be available at the beginning of the next week, the Centre said

Govt needs a better strategy for communicating with the bond market and RBI

Jolt to state-owned banks is as disturbing as the lack of clarity on signals to the bond market

Central borrowing of Rs 50,000 cr to delay lending rate cuts: BofAML

The global brokerage expects Finance Minister Arun Jaitley to hold to the fiscal deficit target of 3.2% of GDP

Govt to raise 64% of borrowing in the first half

Gross borrowing for FY18 is Rs 5.8 lakh crore; net borrowing would be Rs 4.25 lakh crore