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WMA REVISION BY RBI
Aggregate WMA limit of states/UTs revised upward to Rs 60,118 cr: RBIThe limits for financial accommodation extended by the RBI to state governments/ union territories (UTs) through Special Drawing Facility (...28 Jun, 2024, 09.21 PM IST- RBI extends temporary advances limit of Rs 51,560 cr for states, UTs till SepThe RBI said it has revised the WMA Scheme of States and Union Territories (UTs) based on the recommendations of the Advisory Committee on ...23 Apr, 2021, 08.51 PM IST
- RBI enhances temporary liquidity limit for states, UTs by around 46%RBI also said that the interim WMA limit of Rs 51,560 crore would be extended for another six months to September 30, 2021.07 Apr, 2021, 09.17 PM IST
- RBI fixes Centre's WMA limit at Rs 1.25 lakh crore for second half of FY 2020-21"It has been decided, in consultation with the Government of India, that the limits for ways and means advances (WMA) for the second half o...30 Sep, 2020, 10.46 PM IST
- States get another lifeline from RBI to meet cash-flow mismatchesState governments who have been facing cash-flow mismatches, get another breather from the Reserve Bank of India, after enhanced limits of ...07 Apr, 2020, 04.26 PM IST
- Govt overdraft from RBI hints at worries on financesGovt appears to be relying on the RBI to meet payment obligations in the event of cash-flow mismatches.12 Feb, 2020, 05.17 PM IST
- Once India's richest state, Punjab now tops Raghuram Rajan's borrowers listPunjab now seems to be caught in a chronic liquidity crisis with the state government emerging as one of the largest borrowers of the RBI's...23 Apr, 2016, 01.56 PM IST
- Punjab government’s liquidity woes chronic: India RatingsThe state has also been among the largest borrowers this facility, notes a report by ratings firm India Ratings.22 Apr, 2016, 07.51 PM IST
- Revaluation of non-$ assets adds $3.3 bn to forex kittyForeign exchange reserves rose $3.3 billion during the week ended September 4, largely on account of revaluation of non-dollar assets in re...19 Sep, 2009, 05.04 AM IST
- Forex kitty swells $4.4 b on $4.8-b IMF largesseA $4.8-billion largesse by IMF, by way of general allocation of SDR — reserve currency with IMF used for paying IMF loans — has helped push...05 Sep, 2009, 01.20 AM IST
- Bond prices crash as govt overshoots borrowing targetAdditional borrowings announced by the government last week failed to spur a bond rally, but dealers said a rally may be far from over with...13 Jan, 2009, 01.05 AM IST
- Bond prices crash as govt overshoots borrowing targetAdditional borrowings announced by the government last week failed to spur a bond rally, but dealers said a rally may be far from over with...13 Jan, 2009, 01.05 AM IST
- Higher WMA limit not enough for govtA funds-starved government has breached its enhanced ways and means advances (WMA) limit for the second half.13 Dec, 2008, 12.11 AM IST
- RBI sets WMA limit at Rs 20,000 cr for H1 FY'09The Reserve Bank on Friday said it has fixed the limit for ways and means advances (WMA) at Rs 20,000 crore from April to September and at ...28 Mar, 2008, 07.46 PM IST
- States find ways & means to shun loan overdraftState governments seem to be doing better fiscally. Latest data shows the number of states borrowing from the Reserve Bank of India (RBI) b...16 May, 2007, 03.45 AM IST
- Govt borrows Rs 10,000 cr from RBIThe government, which had a healthy cash surplus during the fag end of the last fiscal, has had to borrow over Rs 10,000 crore in just a we...14 May, 2007, 01.21 AM IST
- RBI raises states' WMA limit by 19% to Rs 7,170 crThe Reserve Bank of India has raised the short-term credit limits for states, but made overdrafts more expensive. The moves are in line wit...05 Mar, 2003, 05.34 AM IST
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