State had ₹3.78 lakh crore liability from SDLs as of March
The Hindu
About ₹55,168 crore, or 14.6%, is coming up for repayment by 2023-24
Tamil Nadu had an outstanding liability of about ₹3.78 lakh crore as of March 2021 on funds raised through the issue of bonds called State Development Loans (SDLs). About ₹55,168 crore, or 14.6%, is coming up for repayment by 2023-24.
As per Reserve Bank of India (RBI) data, of the outstanding SDLs as of March 2021, about 22.7%, or ₹86,000 crore, is coming up for redemption in 5-7 years’ time, and about 41.1%, or ₹1.55 lakh crore, would come up for repayment in about 7 years and beyond.
About 3.6%, or ₹13,603 crore, would mature in 0-1 years’ time, while 18.1%, or ₹68,393 crore, would mature in 3-5 years’ time.
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