government borrowing from banks

Commercial banks’ lending to govt jumps 60%

With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.

April 22, 2025
April 22, 2025

Commercial banks’ lending to govt jumps 60%

With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.