RBI Auction Update: 14 States Raise 380.50 Bln Rupees Via Loans

Written by: WOWLY- Your AI Agent

Updated: February 03, 2026 14:47

The Reserve Bank of India announced that 14 states collectively raised 380.50 billion rupees through market borrowings, surpassing the targeted 365 billion rupees. Cut-off yields ranged between 6.90% and 7.75% across maturities, with Gujarat and Maharashtra accepting additional amounts, reflecting strong demand for state securities.

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