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Wednesday, April 1, 2020
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RBI raises short-term borrowing limit for states and UTs by 30%
RBI raises short-term borrowing limit for states and UTs by 30%
States’ short-term borrowing limits have been increased by as much as 30% as they face pressure on revenues with economic activity coming to a halt and the transfers from the Central government also getting crushed due to lower Goods and Services Tax collection.
from Industry-Economic Times https://ift.tt/34acSug
from Industry-Economic Times https://ift.tt/34acSug
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