Home Investment Products Debt / Bonds India's total debt rises to Rs 205 lakh crore in Q2 – Rediff.com

India's total debt rises to Rs 205 lakh crore in Q2 – Rediff.com

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India's total debt rises to Rs 205 lakh crore in Q2 – Rediff.com

The nation’s whole debt, or the full excellent bonds that are being traded available in the market, rose to $2.47 trillion (Rs 205 lakh crore) within the September quarter, in response to a report.

Debt

The full debt quantity within the March quarter of the earlier fiscal was $2.34 trillion (Rs 200 lakh crore).

The central authorities’s debt stood at $1.34 trillion, or Rs 161.1 lakh crore, within the September quarter, up from $1.06 trillion, or Rs 150.4 lakh crore, within the March quarter, Vishal Goenka, co-founder of Indiabonds.com, mentioned, quoting information 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 knowledge 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 full quantity.

State governments’ debt share was 24.4 per cent, or $604 billion (Rs 50.18 lakh crore), the report mentioned.

Treasury payments have been price $111 billion, or Rs 9.25 lakh crore, constituting 4.51 per cent of the full debt, it mentioned.

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

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