India Sets Sights on April-Sept Borrowing Plan: Finance Ministry, RBI to Meet on March 26
2025-03-25
Reuters
The Indian finance ministry and Reserve Bank of India (RBI) officials are set to convene on March 26 to finalize the country's market borrowing plan for the period of April to September. According to sources, the federal government is expected to borrow a substantial gross amount, with the exact figure to be determined during the meeting. This development is crucial for India's economic growth, with market borrowing playing a significant role in shaping the country's fiscal policy and budget planning, including government debt and public expenditure. The meeting's outcome is highly anticipated, with potential implications for the nation's financial markets and economy.
