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of <h1>India Cuts Market Borrowing by Rs. 12,000 Crore, Cancels February 22 Auction of Dated Securities.</h1> The Government of India, after assessing its cash position and funding needs, has decided to decrease its market borrowing through dated securities by Rs. 12,000 crore for the current financial year. Consequently, the scheduled auction for these securities on February 22, 2013, has been cancelled. This decision was made in consultation with the Reserve Bank of India.
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