Borrowers who have not been able to tap the bond market via normal issuances, have been resorting to different mechanisms like down-selling of assets and securitising loan pools, says Anshu Kapoor, head of Edelweiss Private W
Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the economy would likely contract in the first half of 2020-21 and moved to cut the repo and reverse repo rates by 40 basis points each to 4% and 3.35% respe
The first central government securities auction after the announcement of the additional borrowing by the government saw decent response from the bond market on Friday with the government managing to borrow Rs 4,000 crore mor
Market experts indicated that in current times, raising funds within the Reserve Bank of India’s (RBI) prescribed all-in-cost cap of Libor plus 450 basis points for external commercial borrowing could be a challenge as fore
“Keeping it open-ended and on-tap would be a better idea than conducting the operation on a pre-decided date. Banks should get enough leeway in deciding how much they want to borrow and when to borrow,” said an expert.
The central bank also eased overdraft facilities for states and Union territories (UT) on Tuesday. The RBI increased the number of days for which a state/ UT can be in overdraft continuously to 21 working days from the existi