Nomura projects stable government borrowing for the second half of fiscal year 2026. The borrowing calendar is expected soon after discussions with the Reserve Bank of India. Chief Economic Advisor, V Anantha Nageswaran, confirmed no changes. Nomura anticipates a shift towards shorter-term bonds. Direct tax collections rose by 9.2% in H1FY26.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of