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Page 2 - State Debt

Ghosts of past loans haunt India, borrowings for repayments likely to soar

Redemption pressure on states, which normally issue plain vanilla bonds with 10-year maturity, increased from the year ended March 2018, according to the RBI's Study of State Finances

Ghosts of past loans haunt India, borrowings for repayments likely to soar
Updated On : 16 Jul 2018 | 10:23 AM IST

Ballooning state debt

Populism and profligacy undercut India's fiscal stability

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Updated On : 20 Jul 2017 | 2:04 AM IST