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Tag: Ways and Means Advances limits for State

RBI raises WMA limits of States/UTs by 28% to ₹60,118 crore

Posted on June 28, 2024 By admin
RBI raises WMA limits of States/UTs by 28% to ₹60,118 crore

The RBI said Special Drawing Facility (SDF) availed by State Governments/ UTs will continue to be linked to the quantum of their investments in marketable securities, issued by the Government, including Auction Treasury Bills (ATBs).  | Photo Credit: Reuters The Reserve Bank of India (RBI) on Friday increased the Ways and Means Advances (WMA) limits of State…

Read More “RBI raises WMA limits of States/UTs by 28% to ₹60,118 crore” »

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