The recent policy statements of the RBI have repeatedly emphasised the importance of financial stability in monetary policy making, while stress on financial openness led to jump in forex reserves, says SBI report

BT's panel of experts on how to fire up the four engines of the economy - and where to find the money

Aside from potentially harming India's credit rating, monetisation carries inflation risks that would be politically worrying in a country where voters are extremely sensitive to changes in food prices

Gross mismanagement of the economy, starting with demonetisation in November 2016 and continued with untimely, unplanned and sudden nation-wide lockdown has compounded the GST problem. Centre's refusal to pay compensation to states now may derail it completely

The MPC minutes had also expected the headline inflation to remain at elevated levels in the July-September quarter of 2020-21

In a bid to bridge state government's revenue gap, the Centre has decided to increase borrowing limits of states from 3% to 5%, which will give them extra resources of Rs 4.28 lakh crore

Talking about India's short- and medium-term growth prospects, Subbarao expressed that they appear grim and the Centre should not make much of the economic activity coming back from the depressed base of coronavirus-induced lockdown

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Top companies that hit the primary market with initial public offerings (IPOs) last year included IRCTC, CSB Bank, Ujjivan Small Finance Bank, Prince Pipes, IndiaMart, Neogen Chemicals, Rail Vikas Nigam, Sterling and Wilson Solar, and Affle India among others

SBI Capital Markets has received 24 applications requesting about Rs 9,875 crore of financing as on July 7, 2020, which are being processed, the finance ministry said in a statement

This is a big relief to state governments, which might need to substantially increase their borrowings this year as they foresee a severe fall in the revenue due to disruption in economic activities

Among the states, Tamil Nadu topped the list with market borrowing of Rs 28,000 crore in Q1 FY21, followed by Maharashtra (Rs 25,500 crore), Rajasthan (Rs 16,000 crore)

Rising debt of Centre and states is set to weaken the countrys credit profile. What is the way out?

Now, affected Indian companies will have to pass on higher borrowing costs to stakeholders

The current low interest rate environment offers a good opportunity for HDFC to borrow short term funds. The current borrowing through non-convertible debentures have a maturity of less than two years

New rates will now range between 7.65-7.95 per cent for existing salaried home loan customers

Indias economy is expected to shrink in FY21. The government has come out with several reforms of late to make the country a global manufacturing hub and push jobs and growth

Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

States finally have headroom to borrow more from the market. But there's a cost to it

In the week ending May 29, 2020, the banking system liquidity is expected to remain in a surplus position with the growth in the bank deposits and contraction in the bank credit off take