states’ borrowing cost: Despite near record supply, states’ borrowing cost dips marginally
As many as 12 states raised Rs 32,600 crore at the weekly auction of government securities on Tuesday at an average price of 7.68 per cent, down by 2 basis points over last week, making it the second largest auction in the quarter. Aditi Nayar, the chief economist and head of research at Icra Ratings, … Read more