Focus Merit

Tamil Nadu Tops Market Borrowings Among States in India With a Collection of Rs 30,500 crore for 2020-21

Money

  • According to data from the Reserve Bank of India (RBI), Tamil Nadu (TN) has topped market borrowings among States in India with a collection of Rs.30,500 crore in the fiscal 2020-21(FY 21).
  • TN, which has accounted for 17% of the borrowings done through the issue of bonds has been topped the list.

Other Rankers

  1. Maharashtra Rs 25,500 crore (14%),
  2. Andhra Pradesh Rs 17,000 crore (9%),
  3. Rajasthan Rs17,000 crore (9%).