India govt to borrow 3.55 trln rupees via bonds in April-Sept

March 18, 2016 11:55 AM

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NEW DELHI, March 18 The Indian government will borrow a gross 3.55 trillion rupees ($53.43 billion) via bonds in April-September, or 59 percent of its borrowing plan for the next fiscal year, a senior finance ministry official said on Friday.

On average, India will borrow 140-150 billion rupees per week via auctions, Shaktikanta Das, the country's economic affairs secretary, said in a news briefing.

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