Fixed Income And Currency Market

28 Oct 2020

RBI Support to Government Borrowing May not Prevent Huge Market Volatility

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The government, in a surprise announcement, increased the gross borrowing for this fiscal year to Rs 12 trillion from Rs 7.80 trillion budgeted and the 1st half borrowing was increased to Rs 6 trillion from Rs 4.88 trillion.

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Arjun Parthasarathy
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