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India cbank: 12 states raise 65.79 bln rupees via loans, below target
August 27, 2013 / 9:38 AM / in 4 years

India cbank: 12 states raise 65.79 bln rupees via loans, below target

MUMBAI, Aug 27 (Reuters) - India's central bank said 12 states raised a total 65.79 billion
rupees via 10-year loans, lower than a target of 88.05 billion rupees.
    The central bank said Gujarat, Haryana, Maharashtra and West Bengal failed to raise the
targeted amount. For detailed results of the auction, see table below.
    
 Sr   State           Notified   Amount    Tenor   Cut-off
 No                   Amount     Accepted  (Yrs)    Yield
                      (In bln    (In bln            (Pct)
                      rupees)    rupees)          
 1.   Andhra Pradesh         10        10   10       9.77
 2.   Goa                   1.5       1.5   10       9.60
 3.   Gujarat                15     10.16   10       9.59
 4.   Haryana               7.5      5.10   10       9.72
 5.   Jharkhand               2         2   10       9.75
 6.   Kerala                 11        11   10       9.72
 7.   Maharashtra*           15      5.65   10       9.56
 8.   Nagaland             0.60      0.60   10       9.75
 9.   Punjab                  5         5   10       9.72
 10.  Rajasthan               5         5   10       9.70
 11.  Sikkim               0.45      0.45   10       9.75
 12.  West Bengal            15      9.34   10       9.84
          Total           88.05     65.79              
 
 (Reporting by Swati Bhat; Editing by Anupama Dwivedi)

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