RBI revises borrowing calendar for this fiscal year

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RBI revises borrowing calendar for this fiscal year
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, ET Bureau
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Mint Road, investment banker of New Delhi had earlier planned to end sovereign market borrowing by March 12. Now it will be extended to the penultimate week of the current financial year that ends on March 31.

Reuters
From now onward, the central bank will aim to sell Rs 2.16 lakh crore worth of sovereign papers instead of Rs 1.36 lakh crore planned in October last year.

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