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Fixed Income And Currency Market
18 Mar 2018
SDL’s to Face Rough Weather in Fiscal 2018-19
State government borrowings are rising and rising fast. India’s state government borrowing at over Rs 4.07 trillion in fiscal 2017-18, is around 22% of total SDLs outstanding as of fiscal 2016-17, which was at Rs 18548 billion.UDAY bonds outstanding is at Rs 2.08 trillion.
Arjun Parthasarathy
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