Government Borrowing
Latest news, explainers and analysis on Government Borrowing. Tracking 3 stories on Arth Vani.
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Latest on Government Borrowing
RBI to Auction ₹23,300 Crore State Government Securities on October 27
The Reserve Bank of India (RBI) is set to conduct an auction of State Government Securities (SGS) worth ₹23,300 crore on Friday, October 27. This auction allows 11 state governments to raise funds, impacting bond yields and the broader fixed-income market in India.
RBI Panel Recommends Higher WMA Limits for States, Cautions on Year-End Borrowing
A Reserve Bank of India (RBI) panel has suggested increasing the Ways and Means Advances (WMA) limit for state governments, which acts as a temporary overdraft facility. The panel also raised concerns regarding states' tendency to increase borrowing towards the end of the financial year.
RBI Sets ₹50,000 Crore Ways and Means Advances Limit for Government in H2 FY
The Reserve Bank of India (RBI) has capped the central government's temporary borrowing through Ways and Means Advances (WMA) at ₹50,000 crore for the second half of the current financial year. This facility helps the government manage short-term cash flow mismatches between its income and expenses.
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