On a review of the State-wise limits of Normal Ways and Means Advances for the year 2010-11, the Reserve Bank of India has decided to keep these limits unchanged for the year 2011-12. Accordingly, the aggregate Normal WMA limit for the State Governments inclusive of the Government of Jammu & Kashmir and the Union Territory of Puducherry is placed at Rs.10,240 crore for the year 2011-12.

The results of the RBI Repo/Reverse Repo auctions held on March 30, 2011 are:

The Reserve Bank of India (RBI) today released “State Finances: A Study of Budgets of 2010-11 (www.rbi.org.in/scripts/AnnualPublications.aspx?head=State Finances : A Study of Budgets) ”, a publication that provides data, analysis and assessment of finances of State governments.