Bonds
Lower Budget Borrowing May Add to India Cash Boost Cheer
- India’s FY26 net borrowing seen lower at 11.4 trillion rupees
- Ten-year yield may drop to 6.5% by end 2025: Bloomberg survey
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India’s net borrowings will likely decline for a second straight year, possibly extending a rally in the nation’s bonds, as the government is expected to stick to its fiscal consolidation path.