The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter October – December 2024, is expected to be ₹3,20,121 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under:
Month Proposed Date Expected quantum of borrowing
(in ₹ Cr) States/UTs who have confirmed participation and the tentative amount of borrowing (in ₹ Cr) October, 2024 October 01, 2024 19,942 Andhra Pradesh 3,000 Assam 750 Bihar 2,000 Goa 100 Haryana 1,500 Karnataka 4,000 Kerala 1,245 Meghalaya 197 Punjab 1,150 Rajasthan 500 Telangana 2,000 West Bengal 3,500 October 08, 2024 16,050 Assam 1,000 Bihar 2,000 Gujarat 1,500 Jammu and Kashmir 400 Karnataka 4,000 Maharashtra 3,000 Meghalaya 200 Mizoram 50 Sikkim 1,000 Tamil Nadu 1,000 Telangana 1,400 Uttarakhand 500 October 15, 2024 13,100 Chhattisgarh 1,000 Goa 100 Himachal Pradesh 600 Karnataka 4,000 Maharashtra 4,000 Manipur 100 Puducherry 300 Uttar Pradesh 3,000 October 22, 2024 29,600 Assam 1,000 Bihar 2,000 Goa 100 Haryana 1,500 Karnataka 4,000 Madhya Pradesh 6,000 Maharashtra 4,000 Tamil Nadu 2,000 Telangana 1,000 Uttar Pradesh 3,000 West Bengal 5,000 October 29, 2024 33,345 Andhra Pradesh 3,000 Arunachal Pradesh 95 Bihar 2,000 Chhattisgarh 1,000 Goa 100 Gujarat 2,000 Karnataka 4,000 Maharashtra 4,000 Punjab 650 Rajasthan 4,500 Tamil Nadu 5,000 Uttar Pradesh 2,000 West Bengal 5,000 November, 2024 November 05, 2024 19,180 Bihar 2,000 Goa 100 Gujarat 2,000 Haryana 1,000 Karnataka 5,000 Kerala 2,000 Mizoram 80 Tamil Nadu 2,000 Telangana 1,000 Uttarakhand 500 Uttar Pradesh 2,000 West Bengal 1,500 November 12, 2024 14,500 Assam 1,000 Haryana 1,000 Himachal Pradesh 500 Jammu and Kashmir 400 Karnataka 4,000 Maharashtra 4,000 Manipur 100 Tripura 500 Uttar Pradesh 2,000 West Bengal 1,000 November 19, 2024 29,738 Bihar 2,000 Chhattisgarh 1,500 Goa 100 Gujarat 2,000 Karnataka 6,000 Kerala 1,000 Madhya Pradesh 6,000 Maharashtra 3,000 Meghalaya 150 Odisha 1,000 Sikkim 488 Tamil Nadu 2,000 Uttarakhand 500 Uttar Pradesh 2,000 West Bengal 2,000 November 26, 2024 31,050 Arunachal Pradesh 100 Assam 1,000 Bihar 2,000 Goa 100 Gujarat 2,000 Haryana 1,000 Karnataka 5,000 Maharashtra 4,000 Manipur 100 Nagaland 250 Punjab 2,000 Rajasthan 4,500 Tamil Nadu 4,000 Telangana 1,000 Uttar Pradesh 2,000 West Bengal 2,000 December, 2024 December 03, 2024 21,000 Andhra Pradesh 3,000 Bihar 2,000 Chhattisgarh 1,000 Goa 100 Gujarat 1,500 Haryana 1,000 Jammu and Kashmir 400 Karnataka 4,000 Odisha 1,000 Rajasthan 1,000 Tamil Nadu 2,000 Uttarakhand 500 Uttar Pradesh 2,000 West Bengal 1,500 December 10, 2024 15,100 Assam 1,000 Jammu and Kashmir 400 Karnataka 4,000 Kerala 1,000 Maharashtra 3,000 Manipur 100 Puducherry 100 Tamil Nadu 2,000 Uttar Pradesh 2,000 West Bengal 1,500 December 17, 2024 21,340 Arunachal Pradesh 600 Bihar 2,000 Chhattisgarh 1,000 Goa 100 Gujarat 2,000 Himachal Pradesh 500 Jammu and Kashmir 400 Karnataka 4,000 Kerala 1,000 Meghalaya 300 Mizoram 140 Nagaland 300 Odisha 1,000 Tamil Nadu 2,000 Telangana 1,000 Uttar Pradesh 2,000 West Bengal 3,000 December 24, 2024 33,000 Assam 1,000 Bihar 2,000 Goa 100 Gujarat 2,000 Haryana 1,000 Jammu and Kashmir 400 Karnataka 4,000 Madhya Pradesh 6,000 Maharashtra 3,000 Odisha 1,000 Punjab 500 Rajasthan 1,000 Tamil Nadu 5,000 Uttarakhand 500 Uttar Pradesh 2,000 West Bengal 3,500 December 31, 2024 23,176 Andhra Pradesh 3,000 Chhattisgarh 1,000 Goa 100 Haryana 1,000 Jammu and Kashmir 320 Karnataka 4,000 Maharashtra 4,000 Punjab 500 Rajasthan 3,256 Tamil Nadu 2,000 Uttar Pradesh 2,000 West Bengal 2,000 Total 3,20,121 3,20,121
The actual amount of borrowings and the details of the States/UTs participating would be intimated by way of press releases two/ three days prior to the actual auction day and would depend on the requirement of the State Governments/UTs, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions. RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter. RBI reserves the right to modify the dates and the amount of auction in consultation with State Governments/UTs.
(Puneet Pancholy)
Chief General Manager
Press Release: 2024-2025/1175