RBI raises short-term borrowing limit for states and UTs by 30% - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI raises short-term borrowing limit for states and UTs by 30%

States’ short-term borrowing limits have been increased by as much as 30% as they face pressure on revenues with economic activity coming to a halt and the transfers from the Central government also getting crushed due to lower Goods and Services Tax collection.

from Industry-Economic Times
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