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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 working group s recommendations come amid a debate on states the financial situation, with the decision of some governments to revert to the Old Pension Scheme being seen as a big step back in improving their finances ....
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 . ....