https://www.taxtmi.com/news?id=4124 Market borrowings of State Governments are ordinarily financed through subscriptions by commercial banks, including nationalised banks, because banks do not advance loans directly to States, and there has been no default in repayment of these market borrowings. en-us Thu, 29 Nov 2012 18:13:36 +0530 Thu, 29 Nov 2012 18:13:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4124 Market borrowings of State Governments are ordinarily financed through subscriptions by commercial banks, including nationalised banks, because banks do not advance loans directly to States, and there has been no default in repayment of these market borrowings. News - Thu, 29 Nov 2012 18:13:36 +0530 https://www.taxtmi.com/news?id=4124