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"It was felt that the threshold should be aligned with the threshold of high value debt listed entity to have uniformity in the regulations.This would also be a breather for companies with outstanding long term borrowings of less than ₹500 crore to prepare themselves for compliance with these provisions once the framework becomes applicable to them," Sebi said.
In FY23, 12 states exceeded their budgetary targets while 14 reported consolidation, according to a Bank of Baroda report
THE national government's gross borrowings rose in May from a month earlier and were significantly higher compared to a year earlier, data from the Bureau of the Treasury showed.
Bangko Sentral OKs $2.73B public sector foreign borrowings in Q2
THE Monetary Board approved a total of $2.73 billion of public sector foreign borrowing in the second quarter, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.