STATE-OWNED Rural Electrification Corporation (REC) will mobilise $400 million (about Rs 1,849.6 crore) debt in Japan, Hong Kong and Singapore markets in a fortnight.
With the growth prospects back on track, India Inc is raising its borrowing limits (amount it can borrow from banks and other financial institutions), citing future growth prospects and expansion plans.
Kerala-based gold lender Manappuram General Finance & Leasing (Magfil) plans to increase its borrowing limit by 33 per cent to Rs 10,000 crore, so it can meet growth in business volume.
Reserve Bank of India will sell 2. 87 trillion rupees ($64 billion) of bonds in the first half of 2010/11 63 percent of its recordfull-year target less than
The government will raise by September more than half of its record $100 billion planned borrowing for the financial year that begins on April 1, a top adviser said on Tuesday,
The government will gradually wind down its growth-supporting stimulus over the next fiscal year beginning on April 1, but will still need to borrow a record amount from the market,
The U. S
The borrowing limit for state governments was unlikely to be raised beyond the current 4 per cent.
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