India Plans ₹8.2T Borrowing Push
Your daily bite of business & market news 🗞️
🗞️ Telangana’s Heavy RBI Borrowing Raises Concerns
A CAG report has highlighted Telangana’s increasing reliance on RBI borrowings, raising concerns about fiscal sustainability.
The report points to growing financial stress at the state level.
💬 Expert Take — “Rising dependence on central borrowing could signal deeper structural fiscal challenges for states if not addressed early.”
🗞️ IBC Helps Banks Recover 52% of Bad Loans
According to Nirmala Sitharaman, the Insolvency and Bankruptcy Code (IBC) has enabled banks to recover 52% of bad loans.
The framework continues to strengthen India’s credit ecosystem and banking stability.
🗞️ SBI Suggests Using Forex Reserves to Support Rupee
An SBI report suggests that RBI should deploy forex reserves to stabilize the rupee amid global volatility.
The recommendation comes as currency pressures continue to mount.
🗞️ India’s Net International Liability Declines
India’s net international liability declined by $10.9 billion in Q3, reflecting improved external sector stability.
The drop indicates better management of foreign liabilities.
🗞️ Invisible Receipts Rise 56% to $464B
India’s invisible receipts grew 56% to $464 billion in April–December, driven by services exports and remittances.
The surge highlights India’s strength in non-goods exports.
🗞️ Govt Plans ₹8.2T Borrowing for H1 FY27
The government has outlined a ₹8.2 trillion borrowing plan for the first half of FY27, including ₹15,000 crore via green bonds.
The plan reflects continued focus on infrastructure and sustainable financing.
💬 Expert Take — “Large borrowing plans could influence bond yields, but green bonds signal a shift toward sustainable capital markets.”
🗞️ Svatantra Microfin Plans ₹2,000–2,500 Cr IPO
Svatantra Microfin is planning an IPO worth ₹2,000–2,500 crore, with Axis and Kotak as lead bankers.
The offering reflects growing activity in the microfinance sector.
🗞️ Blackstone Plans $500M IPO for AGS Health
Blackstone is planning a $500 million IPO for AGS Health in India.
The move signals continued private equity interest in India’s healthcare and services space.
📊 Market Update
📉 Sensex: 71,947.55 ▼ 1,635.67 pts (–2.22%)
📉 Nifty 50: 22,331.40 ▼ 488.20 pts (–2.14%)
🪙 Gold (per gram): 24K ₹14,951 ▲ ₹125 | 22K ₹13,705 ▲ ₹115
🥈 Silver (per kg): ₹2,50,000 ▲ ₹5,000

