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Borrowings News

28 Jan 2017

Fiscal deficit target of 3% for 2017-18 stiff at this juncture: Crisil

Fiscal deficit target of 3 per cent for 2017-18 looks difficult as the debt dynamics of the country show "stickiness", rating agency Crisil said on Saturday.

10 Mar 2016

Chidambaram pokes holes in Centre's fiscal deficit road map

Former Union Finance Minister P Chidambaram today said the NDA government's claims to bring fiscal deficit to 3.5 per cent was built on factors like avoidance of direct borrowing and instead asking Ministries like Railways to go for it.

30 Dec 2015

State govts likely to borrow up to Rs 1.05L crore in March quarter: RBI

State governments are expected to raise about Rs 95,000-1,05,000 crore in the form of market borrowings in the last quarter of the ongoing fiscal, Reserve Bank said Wednesday.

27 Jul 2015

India Inc's foreign borrowing up 67% to $3.16 billion in June

India Inc raised about USD 3.16 billion in overseas borrowing in June, showing a rise of 67 percent over the year-ago month, RBI data showed Monday.

25 Mar 2015

Jaitley is certain there will be more rate cuts in future

Days ahead of RBI's annual monetary policy, Finance Minister Arun Jaitley on Wednesday said India needs lower interest rates for high growth and certainly there will be more rate cuts in future triggering reduction in cost of borrowings.

26 Sep 2014

Govt trims annual borrowing target by Rs 8,000 cr

With this, the borrowing by way of dated securities (G-secs) for the entire fiscal will total Rs 5.92 lakh crore as against the Budget Estimate (BE) of Rs 6 lakh crore.

Indian refiners

19 Aug 2014

Indian refiners' credit metrics to improve in 12 months: Moody's

Moody's Investors Service on Tuesday said it expects Indian refiners' credit metrics to improve over the next 12 months on decline in borrowings.

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