Comments
The Reserve Bank of India has said that the indicative quantum of total market borrowings by the State Governments and the Union Territory of Puducherry for January-March quarter is expected to be in the range of "Rs 60,000 crore to Rs 65,000 crore''.
The amount will be raised through the auction of State Development Loans (SDLs) conducted generally on alternate Tuesdays.
In a statement, RBI said it would endeavour to conduct the auctions in a calibrated manner and distribute the borrowings evenly throughout the quarter.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.