September 29, 2016 / 3:52 PM / 10 months ago

India government to borrow $36.67 billion in Oct-March

1 Min Read

MUMBAI, Sept 29 (Reuters) - India's government will borrow a gross 2.45 trillion rupees ($36.67 billion) in October-March, the second half of the fiscal year, the central bank said on Thursday.

The borrowing is part of the 6 trillion rupees planned for the full fiscal year announced by finance minister Arun Jaitley in March.

The government expects a fiscal deficit of 3.5 percent of gross domestic product for the year.

For government bond calendar see: bit.ly/2cO6EqX

For Treasury bills calendar see: bit.ly/2dH93W4 ($1 = 66.8134 Indian rupees) (Reporting by Zeba Siddiqui; Editing by Rafael Nam)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below