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Date: 17/04/2020
Review of Limits of Way and Means Advances (WMA) of States/UTs

RBI had announced an increase in the WMA limit of the States on April 1, 2020. With a view to providing greater comfort to the States to undertake COVID-19 containment and mitigation efforts and enable them to better plan their market borrowings, it has been decided to

  • increase the WMA limit of the States by 60% over and above the level as on March 31, 2020

  • The increased limit will be available till September 30, 2020.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2019-2020/2233
 
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