Telangana Govt treading cautiously on borrowings as limit proposed for Q3 is approaching
Telangana Government borrowed ₹5,500 crore of the ₹7,400 it indicated in the calendar of borrowings for the third quarter submitted to the Reserve Bank of India. The image is used for representative purposes only.
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Telangana Government appears to be treading cautiously on raising market borrowings through auction of state government securities by the Reserve Bank of India (RBI).The State Government has indicated that it will borrow ₹7,400 crore during the October-December quarter in the indicative calendar of borrowings submitted to the RBI. It has so far raised ₹5,500 crore through auction of securities conducted till November 12. In the process, the Government deviated from the sc...