The Reserve Bank of India (RBI) has introduced revised directives for the settlement of borrower dues with Asset Reconstruction Companies (ARCs), effective immediately. Announced on Monday, January 20, the rules aim to bolster transparency, accountability, and operational efficiency within the settlement procedures, as per the Securitisation and Reconstruction of Financial Assets and Enforcement of
3 min read Last Updated : Aug 26 2024 | 5:49 PM IST The Reserve Bank of India (RBI) has announced an early redemption for Sovereign Gold Bonds (SGBs) issued between May 2017 and March 2020. The redemption process will take place in two phases, starting from October 11, 2024, and extending to March
“As the debt manager of the government, we are watchful of what exactly is happening. If something needs to be done, we will interact with the government and deal with it,” the RBI governor said. | Photo Credit: PTI Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday (August 10, 2024) said trading of
Illustration: Binay Sinha 2 min read Last Updated : Aug 08 2024 | 10:03 AM IST Amidst global economic uncertainty, India’s equity and fixed income markets are displaying cautious optimism. India’s 10-year bond yields rallied by more than 10 bps over July 2024 and US 10-year yields are down by more than 35 bps.
Public debt arises when government expenditures exceed its revenue from taxes and other sources, necessitating borrowing from domestic and international markets.In essence, public debt includes all liabilities of the central government funded through the Consolidated Fund of India. This debt is categorized into internal and external components, with internal debt further subdivided into marketable and