“The states are borrowing more in recent times owing to fiscal stress, as can be seen from the growing deficits. This adds to a growing share of recently purchased securities in the stock of debt, thereby increasing the weighted average maturity,” said Ranen Banerjee, partner and leader, economic advisory, PwC India. Source link Post navigation ‘Highly unimaginable’: Karnataka HC quashes case against BJP members over ‘Pakistan Zindabad’ slogan
