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Indicative Quantum of Market Borrowings by State Governments for the Quarter January- March 2013

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..... Indicative Quantum of Market Borrowings by State Governments for the Quarter January- March 2013 - News and Press Release Dated:- 28-12-2012 - News - The Reserve Bank of India, in consultation with .....

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..... the State Governments, announces that the indicative quantum of total market borrowings by the State Governments and the Union Territory of Puducherry, for the quarter January-March 2013, is expected .....

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..... to be in the range of Rs.55,000 crore to Rs.60,000 crore. The amount will be raised through auction of State Development Loans (SDLs) conducted generally on alternate Tuesdays. RBI would endeavour to .....

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..... conduct the auctions in a calibrated manner and distribute the borrowings evenly throughout the quarter. The actual amount of borrowings would be intimated by way of press release two/three days prior .....

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..... 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 conditio .....

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..... ns. Ajit Prasad Assistant General Manager Press Release : 2012-2013/1074 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - .....

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..... TMI - TaxTMI - TMITax .....

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