West Bengal raises Rs 10,500cr in Q1 FY22 via state loan auctions

The West Bengal govt raised Rs 10,500 crore in the first quarter of the current financial year through auctions of state securities and state development loans, as per official data. The state govt raised Rs 10K cr in the same period last year. The amount raised in the current quarter through the auction conducted by RBI was below the estimate of Rs 14K cr by the state govt.

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