Friday, March 1, 2013

Govt cash balance to cross Rs 1 trillion mark this fiscal: RBI

“The government’s cash balance is quite comfortable and as per the Budget estimate…it will increase by additional Rs 5,000 crore over the last year’s closing balance. They will be building slightly higher cash balance. Current level is around Rs 1 trillion,” Deputy Governor, H R Khan, who is in charge of the government finances department at the Mint Road, said at the customary post-Budget press meet.....
Read - HBL

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