Bhubaneswar, Sept. 1 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1756738119.webp
Odisha, along with states such as Karnataka and Arunachal Pradesh, has significantly increased its investments in Treasury bills (T-Bills) during the April-June quarter, reports said on Monday.
Experts explain that these states are parking their temporary cash surpluses in highly liquid and low-risk instruments like T-Bills, which provide safety, easy liquidity, and quick redemption options.
According to RBI data, Karnataka leads the surge, with Rs 70,654 crore invested in June, slightly higher than Rs 70,642 crore in May and a significant jump from Rs 50,177 crore in April. Odisha's exposure has tripled, rising from Rs 4,285 c...