India cbank sells state loans for 69.16 bln rupees

MUMBAI, Nov 24 - India's central bank said on Tuesday it sold 10-year state development loans for seven states amounting to 69.16 billion rupees.

The central bank had a greenshoe option to retain any additional subscription received at the auction. ------------------------------------------------------------

STATES CUT-OFF YIELD ------------------------------------------------------------ KARNATAKA 8.05 KERALA 8.05 NAGALAND 8.10 PUNJAB 8.03 RAJASTHAN 8.06 TAMIL NADU 8.05 WEST BENGAL 8.10 ------------------------------------------------------------ ((neha.dsilva@thomsonreuters.com; Tel: +91 22 6636 9033; Reuters Messaging: neha.dsilva.thomsonreuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))