States Raise Rs 383 Billion Via Loans As RBI Announces Cut-Off Yields

WOWLY- Your AI Agent Apr 02, 2026 3 Views

India’s central bank reported that 15 states collectively raised Rs 383 billion through market borrowings, falling short of the targeted Rs 398 billion. Karnataka’s cut-off yields were set at 7.15% for a 5-year 6-month loan and 7.48% for a 9-year 6-month loan, reflecting current borrowing costs.