RBI Deputy Governor has expressed the possibility that the rise in government borrowings might have led to the asset-liability mismatch in the non-banking financial companies(NBFC) sector. In the case of NBFCs,the ability to borrow long-term comes down when government borrowing rises increasing the risk of financial stability. This has led to the crisis in finance… Continue reading Rise in government borrowings might have triggered NBFC crisis
Tag: Government borrowings
Govt. must reduce borrowing by divesting stake in PSEs: Acharya
According to Reserve Bank of India Deputy Governor,an increase in government borrowing runs the risk of flooding the debt market which will make it expensive for companies to borrow. He said that the disinvestment in public sector enterprises(PSEs) would help in alleviating the effects of the government’s borrowing in the country. He also said serious… Continue reading Govt. must reduce borrowing by divesting stake in PSEs: Acharya
