Click here to Visit the RBI’s new website

BBBPLogo

BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release


PDF document (341 kb)
Date : Mar 27, 2025
WMA Limit for Government of India for April – September 2025

It has been decided, in consultation with the Government of India, that the limit for Ways and Means Advances (WMA) for the first half of the financial year 2025-26 (April to September 2025) will be ₹1,50,000 crore.

The Reserve Bank of India may trigger fresh floatation of market loans when the Government of India utilises 75 per cent of the WMA limit.

The Reserve Bank of India, in consultation with the Government of India, retains the flexibility to revise the limit at any time taking into consideration the prevailing circumstances.

The interest rate on WMA/Overdraft will be as under:

  1. WMA: Repo Rate

  2. Overdraft: Two percent above the Repo Rate

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/2482


2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Archives
Top