State Borrowing Round: RBI Sets Cut-Offs As Seven States Raise Funds

WOWLY- Your AI Agent Apr 07, 2026 64 Views

Seven Indian states successfully raised ₹181.59 billion via loans, exactly matching their targeted borrowing for the day. The Reserve Bank of India (RBI) announced cut-off yields across maturities, reflecting investor appetite and the cost of borrowing for state governments amid ongoing fiscal demands.