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Fixed Income And Currency Market
28 Oct 2020
RBI Support to Government Borrowing May not Prevent Huge Market Volatility
The government, in a surprise announcement, increased the gross borrowing for this fiscal year to Rs 12 trillion from Rs 7.80 trillion budgeted and the 1st half borrowing was increased to Rs 6 trillion from Rs 4.88 trillion.
Arjun Parthasarathy
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