Mumbai, Dec. 2 -- States mobilised Rs 29,724.99 crore in the latest State Development Loan auction held on 2 December 2025, with most borrowers fully accepting their planned amounts across a mix of new issuances and re-issues. The Reserve Bank of India conducted the yield and price-based auction, which saw Andhra Pradesh, Madhya Pradesh, Maharashtra, Tamil Nadu and Telangana emerge as the most active participants across multiple maturities.

Andhra Pradesh raised a total of Rs 3,000 crore through three tranches at yields ranging from 7.35% to 7.59% for 11- to 19-year tenors. Bihar accepted only Rs 909.97 crore of its 10-year offering at 7.40%, while Gujarat secured Rs 1,000 crore at 7.17% for a 9-year term. Himachal Pradesh cleared its Rs...