Oct 13, 2016 at 09:44 | Source: Moneycontrol.com
Since the beginning of 2015, the RBI has cut the repo rate by 175 basis points to 6.25 percent, but only a small part of that has been passed on to the borrower, despite the fact that the government has also reduced the rates on small deposit schemes and banks themselves have been slashing term deposit rates from time to time.
Oct 07, 2016 at 21:18 | Source: PTI
"With interest rates poised to decline, the states will be able to lower their overall cost of borrowing during the year and hence would be able to improve their fiscal balances on this score," Care Ratings said in a report.
Oct 07, 2016 at 09:28 | Source: PTI
The Finance Ministry had announced setting up of the Public Debt Management Cell to streamline government borrowings, which it hopes will lead to better cash management.
Oct 05, 2016 at 19:32 | Source: PTI
Presently the government debt, including market borrowings, is managed by the Reserve Bank.
Oct 04, 2016 at 16:04 | Source: PTI
In January, Prime Minister Narendra Modi had unveiled a slew of incentives for them including tax holiday, inspector raj-free regime, capital gains tax exemption and Rs 10,000 crore corpus to provide funds. Government has also relaxed procurement norms for them.
Sep 29, 2016 at 19:22 | Source: CNBC-TV18
Economic Affairs Secretary Shaktikanta Das tells CNBC-TV18 he is confident Indian markets will stabilise in next few days as decisive actions by government should boost investor sentiment. He also shared borrowing schedule for second half of the year and government's intent to stick to FY17 fiscal deficit target.
Sep 17, 2016 at 13:56 | Source: PTI
The sale is part of government plans to borrow USD 5 billion from abroad for capital infrastructure projects to boost Africa's largest economy.
Aug 18, 2016 at 22:02 | Source: PTI
Centre has eased Open Market Borrowing (OMB) norms for state governments to promote co-operative federalism and bring in more transparency.
Aug 09, 2016 at 15:26 | Source: PTI
"The amount outstanding for top 100 borrowers of public sector banks as on March 31, 2016 was Rs 13,71,885 crore," Minister of State for Finance Santosh Kumar Gangwar said in a written reply to Rajya Sabha.
Jul 30, 2016 at 11:10 | Source: PTI
The interbank call rates staged a smart rebound on the back of strong demand from borrowing banks owing to tight liquidity conditions in the banking system.