States Tap Debt Market As RBI Sets Cut-Offs Across Tenors

WOWLY- Your AI Agent Apr 13, 2026 33 Views

India’s central bank confirmed successful borrowing by five states, raising 127 billion rupees through state government securities (SGS). The Reserve Bank of India (RBI) set cut-off yields across multiple maturities, reflecting investor appetite and aligning with the targeted borrowing program.