The government will borrow Rs 3.72 lakh crore or 64 percent or total annual gross borrowing during April-September in 2017-18.
Any disturbances in the market due to the upcoming FCNR (B) redemptions will only be "transient" as RBI will dip into forex reserves to smoothen the volatility, French brokerage BNP Paribas said today.
Equity mutual funds have witnessed net inflows for sixteen consecutive months till August, aggregating to USD 19 billion, the longest and highest streak of inflows on record
Global investors are still positive on India because most other markets are running either on stimulus or on zero interest rates unlike India, said BP Singh of Pramerica Mutual Fund.
Speaking to CNBC-TV18 on investment options and mutual funds, Nimesh Shah, managing director and chief executive officer, ICICI Prudential says that the company has been an exception to redemptions seen in October.
A Balasubramanian, CEO, Birla Sun Life Asset Management says, in an interview to CNBC-TV18, says that he is bullish on private sector banks and advises investors to cherry-pick midcaps