No restrictions on utilisation of additional borrowing by states, says official; to get extra resources of Rs 4.28 lakh cr
Finance Minister Nirmala Sitharaman had said that an increase in borrowing limits will be subject to states taking citizen centric reforms, which are aimed at improving quality of service delivery to the public.
Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power
IndusInd Bank's top 20 depositor concentration though declined remains elevated (FY19: 24.31%) and is higher than most peer banks'.
The Finance Ministry and RBI will hold a meeting on Tuesday to decide on the government's borrowing plan for the first half of 2020-21 amid the lockdown to contain the spread of coronavirus
IBA plans to set up framework around April to address issues related with consortium lending to industry
And to address these issues, there are two things which are happening, one is at the IBA level and another by Reserve Bank of India to develop secondary market for loan to corporates.
The government on Monday said its borrowing in the current fiscal will be within the budgeted Rs 7.1 lakh crore, and will stick to the fiscal deficit glide path, but it remained non-committal on the country's maiden overseas sovereign debt plan
The board of SEBI has cleared the framework for enhanced market borrowings by large corporates and it would come into force from 1 April, 2019.
The government will borrow Rs 2.88 lakh crore in the April-September period of next fiscal, which is 47.56 percent of the budgeted gross borrowing
Importers face funding crunch with clampdown on credit guarantees, move could dent Rupee, say experts
The RBI move bans banks from issuing letters of undertaking, or LoUs, a form of credit guarantee often used between Indian banks and their offshore branches
Moody's upgrades for India vindicates Narendra Modi’s economic policies, rating should have gone two notches higher: Experts
It is in a way acknowledging the improvements we have seen in the macro economy in terms of stability
Milind Deora column: Low lending rates don't mean much; we stigmatise debt while 'king of debt' is US President
Lower interest rates incentivise investments in public equities, leading to lowered dependence on short-term money from foreign institutional investors
The Reserve Bank of India will announce next weeks steps to recognise and resolve financial stresses, including making it more expensive for so-called wilful defaulters to borrow funds, governor Raghuram Rajan said on Wednesday.<br /><br />
The government today said it will borrow Rs 3.49 lakh crore in the first half of the current fiscal, accounting for 58 percent of the total budget target for 2013-14
Even though the government's spending binge continues, revenues are enough to meet only 67 percent of its expenses. This implies that the government has to borrow more to finance spending, resulting in a debt trap
Tata Teleservices (Maharashtra) is planning to raise its borrowing limit to Rs 13,000 crore from Rs 8,500 crore at present to pay for existing telecom spectrum it holds, if required.