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State raises ₹7,139 cr after nod for addl borrowing
The New Indian Express Thiruvananthapuram
|March 26, 2025
THE KERALA government on Tuesday raised ₹7,139 crore from the market, helping the state to tide over the impending financial crunch.
The state government raised the funds after the Union government gave its nod for additional borrowing on Monday evening. Kerala mobilised a total of ₹7,139 crore through the auction of state government securities (SGS) of different maturities. As per the RBI website, the state collected ₹990 crore through SGS-40 (bonds maturing
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