Monday, March 30, 2020

Finance Minister, RBI meeting on Tuesday to decide first-half borrowing plan for FY21

The meeting between the Finance Ministry and Reserve Bank of India (RBI) will be held through video conferencing for the first time as there is lockdown across the country. As per the Budget, the government plans to borrow Rs 5.36 lakh crore from the market in 2020-21, higher than the Rs 4.99 lakh crore estimated for the current financial year.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/finmin-rbi-meeting-on-tuesday-to-decide-first-half-borrowing-plan-for-fy21/articleshow/74881083.cms

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