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Given persisting revenue shortfall, additional market borrowing not a major surprise : Siddhartha Sanyal

Given persisting revenue shortfall, additional market borrowing not a major surprise : Siddhartha Sanyal
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Kolkata, Oct 16 (UNI) " Given the persisting revenue shortfall of Central and State Governments, additional market borrowing is not a major surprise, " opined Siddhartha Sanyal, Bandhan Bank's Chief Economist and Head – Research.
In a statement on Friday, Sanyal said, " Thus, irrespective of the market's knee jerk reaction on Friday, one feels that the current set of announcements will eventually help reducing uncertainties and anchoring market sentiment over the coming weeks, especially given the intelligent selection of the maturity buckets for the additional borrowing that enjoy strong demand. "
" The current set of announcements may also lead to further flattening of the yield curve, thereby inducing better transmission of the RBI's monetary easing, " Sanyal added.

More News

ER to run more special trains

04 Dec 2020 | 11:03 PM

Kolkata, Dec 04 (UNI) To clear the rush of passengers, Eastern Railway will run fully
reserved special trains between Howrah & Azimganj, Kolkata & Lalgola
and Kolkata & Balurghat.

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Mahiola morcha activists gherao Agriculture minister residence over murder of five year old girl

04 Dec 2020 | 10:16 PM

Bhubaneswar, Dec 4 (UNI) Hundreds of activists of Mahila Morcha ,the women wing of the BJP today gheraoed the residence of Agriculture and Higher Education Minister Arun Sahoo demanding a CBI inquiry into the alleged abduction and Murder of five year old girl Pari .

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Sikkim education minister KN Lepcha admitted to hospital in Delhi

04 Dec 2020 | 10:13 PM

Gangtok, Dec 4 (UNI) Sikkim Education Minister KN Lepcha has been admitted to a hospital in Delhi.

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KFC India launches an exclusive Facaytion kit

04 Dec 2020 | 10:05 PM

Kolkata, Dec 4(UNI) KFC India has announced the launch of the KFC Facaytion kit, the ultimate travel hack for a vacation from home. Within all the necessary norms for staying safe and healthy, but without missing out on the fun of exploring a new holiday destination.

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Two more COVID-19 deaths, 62 fresh infections in Meghalaya

04 Dec 2020 | 10:02 PM

Shillong, Dec 4 (UNI) The death toll due to COVID-19 went up to 118, while the active case count was registered at 630 in Meghalaya with 62 fresh infections reported on Friday, even as the State recorded 78 more recoveries from the viral disease, upping the number of recovered cases to 11,319, health officials said.

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