Limit for ways and means advances for first half of FY16 fixed at Rs 45k cr

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BS Reporter
Last Updated : Mar 28 2015 | 12:50 AM IST
The Reserve Bank of India (RBI) in consultation with the government has fixed the limits for ways and means advances (WMA) for the first half of financial year 2015-16 (April-September 2015) at Rs 45,000 crore. The central bank might trigger fresh floatation of market loans when the government utilises 75 per cent of the limit, RBI said on Friday.

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First Published: Mar 28 2015 | 12:30 AM IST

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