Reserve Bank of India further relaxes WMA Limits and Overdraft Regulations for Gujarat - ਆਰਬੀਆਈ - Reserve Bank of India

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Reserve Bank of India further relaxes WMA Limits and Overdraft Regulations for Gujarat

The Reserve Bank of India has extended the relaxation on the limits of Ways and Means advances and the terms of Overdraft regulations for a further period of one month till end of March 2001 to enable the Government of Gujarat to meet the expenditure on relief and rehabilitation measures. It may be recalled that earlier, in view of the unprecedented nature of the calamity in the State of Gujarat, the Reserve Bank of India had completely relaxed the limits for Ways and Means Advances and the terms of Overdraft regulations for the State for a period of one month ending February 2001.

Alpana Killawala
General Manager

Press Release : 2000-2001/1245

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