India government to borrow $35.4 bln in Oct-March fiscal second half

September 28, 2015 1:16 PM

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MUMBAI, Sept 28 India's government will borrow a gross 2.34 trillion Indian rupees ($35.4 billion) in the October-March second half of the fiscal year, the finance ministry said on Monday. (bit.ly/1LgIEsZ)

India is also planning to sell an additional 150 billion rupees in gold bonds - aimed at weaning investors off physical gold to cut the country's imports - in the second half of the fiscal year, a source familiar with the details told Reuters earlier.

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