Andhra Pradesh has outstripped the rest of the country in raising loans from the Reserve Bank of India within the first four months of the 2023-24 FY and has participated in 14 out of 17 auctions of government securities conducted by the Central bank since the beginning of the financial year, Telugu Desam Party (TDP) spokesperson K. Pattabhiram alleged on Sunday (July 30).
A.P.’s borrowings so far this year have amounted to ₹29,500 crore whereas Karnataka and Odisha have not raised any loans this fiscal, Mr. Pattabhiram claimed.
