India’s Complete Debt Rises to Rs 205 Lakh Crore in Sep Quarter Mumbai

[ad_1]

The nation’s whole debt, or the entire excellent bonds that are being traded out there, rose to USD 2.47 trillion (Rs 205 lakh crore) within the September quarter, in keeping with a report. The whole debt quantity within the March quarter of the earlier fiscal was USD 2.34 trillion (Rs 200 lakh crore).

The central authorities’s debt stood at USD 1.34 trillion, or Rs 161.1 lakh crore, within the September quarter, up from USD 1.06 trillion, or Rs 150.4 lakh crore, within the March quarter, Vishal Goenka, Co-Founding father of Indiabonds.com, stated, quoting knowledge supplied by the Reserve financial institution of India.

Indiabonds.com, which was launched in 2021, is a Sebi-registered on-line bond platform that gives investing options.

The report is a collation of information from the RBI, Clearing Company of India, and the Securities and Trade Board of India.

At Rs 161.1 lakh crore, the central authorities’s debt constitutes the best 46.04 per cent share of the entire quantity.

State governments’ debt share was 24.4 per cent, or USD 604 billion (Rs 50.18 lakh crore), the report stated. Treasury payments had been price USD 111 billion, or Rs 9.25 lakh crore, constituting 4.51 per cent of the entire debt, it stated.

Company bonds had a 21.52 per cent share of the entire debt at USD 531 billion (Rs 44.16 lakh crore) within the second quarter of the present fiscal, as per the report.

chopraajaycpa@gmail.com
We will be happy to hear your thoughts

Leave a reply

DGFT Consultancy
Logo
Compare items
  • Total (0)
Compare
0