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RBI wants ceiling for state govts' guarantees to be fixed at 5% of revenue

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. ....

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RBI panel for curbs on guarantees by state governments

RBI panel for curbs on guarantees by state governments
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RBI panel proposes framework for State guarantees

State governments may publish/ disclose data relating to guarantees, as per the Indian Government Accounting Standard (IGAS), it said. ....

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RBI wants ceiling for state govts' guarantees to be fixed at 5% of revenue

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 . ....

Group On State Government , Redemption Fund , Reserve Bank , Revenue Receipts , Gross State Domestic Product , Indian Government Accounting Standard , Working Group , State Government Guarantees , State Finance Secretaries , Auditor General , State Governments , Guarantee Redemption Fund ,

Working Group suggests tighter norms for States while giving guarantees

Working Group suggests tighter norms for States while giving guarantees
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