News tagged with “management bills”. Found:
1 tagged news report.

Centre devises new debt paper

New Delhi :: India | 3 months ago

Credibility

one, this helps the Centre avoid borrowing from the RBI directly through ways & means advances (WMA) and two, it is also a quasi liquidity drainer. To top it, CMBs afford the government the flexibility to borrow at cheaper rates than the repo rate of...

Tags: cash management, RBI, management bills