Kerala to raise Rs 2,000 crore via bond issue

Thiruvananthapuram, Sep 26 (UNI) The Kerala Government will raise Rs 2,000 crore through the issuance of State Development Loans (SDLs) to fund its development activities.

According to an official notification, the auction for the bond issue will be conducted by the Reserve Bank of India at its Mumbai Fort office on September 30 through the e-Kuber system.

Further details of the auction and related guidelines are available on the Finance Department’s website.

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