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RBI increases state bond auction amount to Rs 52,120 cr from Rs 40,120 cr
Update / Judgement Date
17 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Financial ManagementOther Legal MattersRBI
The RBI has increased the state bond auction amount to ₹52,120 crore from ₹40,120 crore. This move aims to provide states with additional funds to meet their financial requirements. The increase in auction amount reflects the RBI's efforts to support state governments in managing their finances. This decision will enable states to fund infrastructure projects and other development initiatives. The RBI's action will help to maintain liquidity in the bond market.
