Treasury Bills (T-bills) in India are issued by:
- SEBI on behalf of corporates
- RBI on behalf of the Central Government
- State Governments directly
- NABARD for rural credit
Answer: RBI on behalf of the Central Government
T-bills are zero-coupon, short-term debt instruments issued by the Reserve Bank of India on behalf of the Government of India to manage short-term liquidity mismatches. They are currently issued in tenures of 91 days, 182 days, and 364 days.