RBI Relaxes Overdraft (OD) Facility For States To Aid Fight Covid ...Middle East

Mumbai:  To enable the State Governments to better manage their fiscal situation in terms of their cash-flows and market borrowings, the Reserve Bank of India (RBI) on Wednesday permitted certain relaxations with regard to availment of Overdraft (OD) facilities. Accordingly, the maximum number of days of OD in a quarter is being increased from 36 […] The post RBI Relaxes Overdraft (OD) Facility For States To Aid Fight Covid appeared first on Ommcom News.

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