RBI sets Oct-March WMA limit at Rs 50,000 crore
The central bank triggers fresh flotation of market loans when the government of India utilises 75 % of the WMA limit,a release by the RBI said.
By ET Bureau | Updated:
PTI
Mumbai: The Reserve Bank of India has fixed the limit for Ways and Means Advances (WMA) - a temporary lending facility for the government for the second half of the financial year 2023-24 - Oct-Mar- at ₹50,000 crore.
The central bank triggers fresh flotation of market loans when the government of India utilises 75 % of the WMA limit,a release by the RBI said.
The central bank triggers fresh flotation of market loans when the government of India utilises 75 % of the WMA limit,a release by the RBI said.
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