Telangana fails to bag Central nod for mkt borrowings, again

Cash-strapped Telangana suffered another setback as it failed to secure the clearance of the Union finance ministry to issue market bonds even as 11 other states are set to participate in bond auction at the Reserve Bank of India on May 31. Telangana has already missed out on four market borrowing dates so far.

Telangana fails to bag Central nod for mkt borrowings, again
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Cash-strapped Telangana suffered another setback as it failed to secure the clearance of the Union finance ministry to issue market bonds even as 11 other states are set to participate in bond auction at the Reserve Bank of India on May 31. Telangana has already missed out on four market borrowing dates so far.