Actual amount of borrowings and participating states would be intimated two/three days prior to actual auction day
The Reserve Bank of India, in consultation with the State Governments, has announced the quantum of total market borrowings by the State Governments for the quarter January - March 2019 to be in the range of Rs 219056 crore to Rs 225587 crore.The state wise borrowing in Rs crore is as follows
Andhra Pradesh - 2869
Assam - 4696
Bihar - 14300
Chhattisgarh - 10225
Gujarat - 12000
Haryana - 1500
Himachal Pradesh - 2700
Jammu & Kashmir - 2600
Jharkhand - 500
Karnataka - 22000
Kerala - 5500
Madhya Pradesh - 8200
Maharashtra - 28000
Meghalaya - 550
Mizoram - 400
Nagaland - 370
Odisha - 7532
Punjab - 5322
Rajasthan - 9420
Sikkim - 367
Tamilnadu - 18000
Telangana - 7400
Tripura - 400
Uttarakhand - 2250
Uttar Pradesh - 25500
West Bengal - 26455
The actual amount of borrowings and the details of the states participating would be intimated by way of press releases two/three days prior to the actual auction day and would depend on the requirement of the State Governments, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions.
RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter. RBI reserves the right to modify the dates and the amount of auction in consultation with State Governments.
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