Government cuts FY27 borrowing plan, but bond market remains wary: SBICAPS
· thehindubusinessline.com
SBICAPS notes FY27 gross borrowing cut despite robust tax intake, but rising state borrowings and persistent inflation keep bond yields pressured.
The Centre has pared its gross market borrowing programme for FY27 to ₹15.99 lakh crore from the budget estimate of ₹17.20 lakh crore, aided by lower issuan...