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India debt News

29 Oct 2022

‘PM Narendra Modi borrowed Rs 80 lakh crore in 8 years’: TRS' BIG claim

KT Rama Rao claimed that after independence, during 67 years, the country borrowed Rs. 55.87 crores, but during Modi's rule, the debt is of Rs 80 lakh crore in eight years

Moody's Investors Service

01 Sep 2020

India among large emerging mkt sovereigns to have highest debt burden by 2021

Moody's said medium-term growth and fiscal challenges pose downside risks. Increased stress within the financial system raises contingent liability risks to the sovereign. Lingering fragilities in the sector are likely to be compounded by a prolonged period of subdued economic activity compared to pre-coronavirus levels

India external debt

30 Jun 2015

India's end-March external debt $475.8 billion: RBI

India`s external debt stood at $475.8 billion as of end-March, up 6.6 percent from a year earlier, the Reserve Bank of India said in a release on Tuesday.

11 Sep 2014

India's debt limit auction attracts strong foreign investor demand

India attracted 49.63 billion rupees ($814.61 million) worth of bids from foreign investors in its auction of government debt limits on Thursday, much higher than the 30.17 billion rupees on offer, according to two dealers.

13 Aug 2014

Merging strong banks ideal, need to be careful, says Rajan

Amidst talks of consolidation in the banking sector, Reserve Bank Governor Raghuram Rajan on Wednesday stated merging strong banks will bode well for the economy while saying that one needs to be "very careful" in deciding who to merge with whom.

13 Aug 2014

India needs bankruptcy code: Raghuram Rajan

Rajan said there should also be clear distinction between debt and equity.

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