Expect higher gross borrowings in FY14: ICICI Securities
By Ira Dugal | Published On: February 21, 2013 10:30 (IST) | Duration: 8 min, 44 sec
The government's gross borrowings in FY14 may be higher at about Rs 6 lakh crore, says A. Prasanna of ICICI Securities. He explains that the final figure will depend on how the government chooses to use its cash balance. He also sees limited room for yields to come down further since borrowings may remain high.