Search For "borrowing"
Borrowings more than budget's estimate due to COVID-19, says Andhra FM
Updated : 5 years, 2 months ago IST
Amaravati (Andhra Pradesh) [India], March 5 (ANI): Andhra Pradesh Finance Minister Buggana Rajendranath Reddy on Friday, countering an accusation by Telugu Desam Party chief N Chandrababu Naidu, said the borrowings of the state government have been higher than the budget estimates due to COV
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Fiscal deficit to undershoot, may spur cancellation of final two G-sec auc
Updated : 5 years, 2 months ago IST
New Delhi [India], March 5 (ANI): The yield for the 5.85 per cent government security (GS) 2030 has risen by more than 35 basis points since its introduction to 6.23 per cent intra-day as on Friday with an uptick in recent weeks led by higher-than-expected fiscal deficit, ratings agency ICRA
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No violation of Foreign Exchange Act at KIIFB, says Kerala Finance Ministe
Updated : 5 years, 2 months ago IST
Kochi (Kerala) [India], March 4 (ANI): Kerala Finance Minister Thomas Isaac on Wednesday said that there was no violation of the Foreign Exchange Management Act (FEMA) in alleged case of external borrowings of Kerala Infrastructure Investment Fund Board (KIIFB) through Masala Bonds.
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ED summons KIIFB CEO, Dy MD in unauthorised external borrowing case
Updated : 5 years, 2 months ago IST
Kochi (Kerala) [India], March 3 (ANI): Enforcement Directorate (ED) on Wednesday sent a notice to KM Abraham, CEO of the Kerala Infrastructure Investment Fund Board (KIIFB), asking him to appear before its Kochi office on March 5.
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Enforcement Directorate registers case against KIIFB for external borrowin
Updated : 5 years, 2 months ago IST
Kochi (Kerala) [India], March 3 (ANI): Enforcement Directorate has registered a case against Kerala Infrastructure Investment Fund Board (KIIFB) for external borrowings through Masala Bonds without the permission of the union government.
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Asia Pacific central government borrowings to remain high this year: S&
Updated : 5 years, 2 months ago IST
Singapore, March 2 (ANI): S&P Global Ratings on Tuesday projected that Asia Pacific central government borrowings will remain high by historical standards in 2021 after a pandemic-driven surge in 2020.
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Pakistan foreign borrowing soars to USD 6.7 bn as debt mounts
Updated : 5 years, 2 months ago IST
Islamabad [Pakistan], February 27 (ANI): As Pakistan's financial debt continues to mount, the Imran Khan government received USD 6.7 billion in gross foreign loans in the first seven months of the current fiscal year, including a new commercial loan of USD 500 million from China last month.
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India's millennials spending more responsibly; borrowed most for home repa
Updated : 5 years, 3 months ago IST
New Delhi [India], February 17 (ANI/PRNewswire): The spending patterns of millennials are shifting. The millennial generation, known for borrowing for their lifestyle needs and spending recklessly, is now taking a personal loan to tend to more serious priorities.
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Rajasthan becomes 12th state to undertake 'One Nation One Ration Card syst
Updated : 5 years, 3 months ago IST
New Delhi [India], February 9 (ANI): Rajasthan became the twelfth state in the country to successfully undertake 'One Nation One Ration Card system' reform stipulated by the Department of Expenditure.
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RBI to buy bonds worth Rs 20,000 crore via OMOs on Feb 10
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 8 (ANI): The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs) to support the government's borrowing programme.
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4 states complete reforms in ease of doing business, eligible for Rs 5,034
Updated : 5 years, 3 months ago IST
New Delhi [India], February 6 (ANI): The Ministry of Finance on Saturday said four states have undertaken stipulated reforms in the ease of doing business, allowing them to avail additional financial borrowings worth Rs 5,034 crore.
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PFC issues $500 million senior unsecured bonds for more than 10 years
Updated : 5 years, 3 months ago IST
New Delhi [India], February 2 (ANI): State-owned Power Finance Corporation (PFC) has successfully raised 500 million dollars through the issuance of US dollar denominated bonds under 'Reg S route' with a fixed maturity of May 16, 2031.
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