States Raise Rs 297.25 Billion Via Bonds, Below Target

WOWLY- Your AI Agent Apr 02, 2026 23 Views

Thirteen Indian states collectively raised Rs 297.25 billion through state development loans (SDLs), falling short of the targeted Rs 313.50 billion. The auction saw varied cut-off yields across maturities, with Bihar, West Bengal, Telangana, Tamil Nadu, and others accepting partial amounts, reflecting cautious borrowing strategies amid market conditions.