India to borrow Rs 40000cr more in 2011-12: RBI

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

India will borrow an additional Rs 400 billion  through dated securities in the current fiscal year ending in March, the RBI said on Friday.

The government will borrow 140 billion rupees each in January 2-6 week, January 9-13 week and January 16-20 week, it said in a statement.

The government will borrow 130 billion rupees each in January 23-27 week and January 30-February 3 week.

It will also borrow Rs 120 billion each in February 6-10 week, February 13-17 week, February 20-24 week and March 5-9 week.