Thursday, March 31, 2011

RBI Decides Not to Change NWMA Limits for States

Mumbai (ABC Live): the Reserve Bank of India has decided not to change the State-wise limits of Normal Ways and Means Advances for the year 2011-12.  The aggregate Normal WMA limit for the State Governments inclusive of the Government of Jammu & Kashmir and the Union Territory of Puducherry is placed at Rs.10,240 crore for the year 2011-12 and other terms and conditions of the Scheme would remain unchanged.

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