AP to raise Rs 2,000 cr through securities auction

V. Rishi Kumar Hyderabad | Updated on October 11, 2014 Published on October 11, 2014

The Andhra Pradesh Government has announced it will raise about Rs 2,000 crore by way of sale of dated security in the form of stock through a public auction.

According to a notification issued by Ajeya Kallam, the State’s Principal Secretary Finance, the auction will be conducted by the Reserve Bank of India at its Mumbai office on October 14.

Published on October 11, 2014
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