.jpg?$p=836e0c3&f=16x10&w=852&q=0.8)
Representative Image | File Photo: G Shivaprasad /Mathrubhumi
Thiruvananthapuram: Kerala government will borrow Rs 1,000 crore to meet revenue expenses, which fall in the first leg of October. The borrowing is within the limit prescribed by the union government.
For availing loan, the state government will depend on the auction of bonds issued through the Reserve Bank of India, held on the E-Kuber platform on October 3.
Earlier on September 27, the government had borrowed Rs 1,436 crore. The settlement of that borrowing needs to be completed within 18 years and the interest rate is 7.68 per cent.
RELATED STORIES
.jpg?$p=c6b2b5f&f=1x1&w=100&q=0.8)
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.
IN CASE YOU MISSED IT
%20(1).jpg?$p=892b81a&q=0.8&f=16x11&w=104)
.jpg?$p=11c1bb2&q=0.8&f=16x11&w=104)
.jpg?$p=298ab5c&q=0.8&f=16x11&w=104)
