The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent of Gross State Domestic Product, whichever is less.
India Business News: The Reserve Bank of India (RBI) has released a report calling for new restrictions on guarantees provided by state governments for project loans, and
The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent of Gross State Domestic .
MUMBAI: A Reserve Bank working group has suggested that state governments should charge a minimum fee for guarantees extended by them on loans taken b.
Working Group suggests tighter norms for States while giving guarantees thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.