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This is an archive article published on July 15, 2009

India to borrow Rs 150 bn a week till Sept

The weekly borrowing in the second half would depend on the RBI's assessment of liquidity.

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The current trend of borrowing Rs 150 billion is likely to continue at least till end-September,a senior finance ministry official said on Wednesday.

The weekly borrowing in the second half would depend on the Reserve Bank of India8217;s assessment of liquidity.

8220;Liquidity is comfortable now,8221; the official,who did not wish to be identified,said.

 

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