RBI sets government's WMA limit for Apr-Sept at INR 2.5 tln
This story was originally published at 20:21 IST on 27 March 2026
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--Govt: WMA limit for Apr-Sept fixed at INR 2.50 tln
NEW DELHI – The Reserve Bank of India has fixed the ways and means advances limit for the government for Apr-Sept at INR 2.5 trillion, the government said in a press release Friday. The limit for the same period last year was INR 1.50 trillion and the limit for Oct-Mar was set at INR 500 billion.
The central bank may trigger a fresh floatation of market loans when the government utilises 75% of the ways and means advances limit, it said in a separate release.
Ways and means advances are a short-term advance facility provided by the RBI to manage temporary mismatches in the government's receipts and payments. The central bank will charge the prevailing repo rate as interest on the ways and means advances and an interest of 2% above the repo rate on overdraft beyond the ways and means advances limit. Currently, the repo rate is 5.25%. End
Reported by Shweta
Edited by Akul Nishant Akhoury
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