The Centre’s gross borrowings for the second half of the fiscal have been fixed at ₹6.61 lakh crore with the borrowing target for the entire fiscal being maintained at ₹14.01 lakh crore, the central bank said last week. About 77% of the bond issuances will be for 10 years or higher tenure.
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers