Govt to raise Rs 25,521 cr balance debt

The Government is likely to raise Rs 25,521 crore through borrowings during the remaining part of this fiscal, according to investment banker, PNB Gilts Ltd.

It has so far completed Rs 92,183 crore of its borrowing which constitutes 78 per cent of its gross budgeted borrowings. The remaining Rs 4,000 crore would be raised through 364-day treasury bill and Rs 21,521 crore through the dated issuances.