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market loan

West Bengal takes market loan for third time this month

According to a statement issued by the Reserve Bank of India, the state borrowed Rs 3,000 crore from the open market on Monday - the third time in this month taking the total borrowing to Rs 6,500 crore this month - making it second after Uttar Pradesh to borrow such a huge amount from the market. Earlier the state had borrowed Rs 3,500 crore in two instalments in this month.