Shimla: Himachal was one of the nine states that raised a total of Rs 77.4 billions by way of sale of 10 years bonds, a Reserve Bank of India communiquÃ© stated.
However, the bond sale fell short of target as it was planned to raise Rs 82 billion.
Whereas Himachal Pradesh, Kerala, Rajasthan and Tamil Nadu borrowed at a cut-off yield of Rs 8.85 %, Gujarat sold the debt at 8.88%, Bihar and Maharashtra at 8.89% and Andhra Pradesh and Uttar Pradesh at 8.90 percent, according to the statement.
As Editor, Ravinder Makhaik leads a team of media professionals at Hill Post.
Spanning a career of over two decades in mass communication, as a Documentary Filmmaker, TV journalist, Print Media journalist and with Online & Social Media, he brings with him a vast experience. He lives in Shimla.