RBI committee recommends 11.2% higher average WMA limit
In short
An RBI committee has recommended an 11.2% increase in the average WMA limit for states. The summary also says the SDF is now the main way states get short-term liquidity support.
This matters because it can affect state borrowing and cash management. The reporting does not say the new limit amount or when the change would take effect.
What the reporting says
An RBI committee has recommended an 11.2% increase in states’ average WMA limit, according to the headline and summary. The reporting also says the committee believes SDF has become the main window for liquidity support to states, replacing the earlier role of WMA. The exact new limit, the states affected, and any implementation timing are not stated in the available reporting.
Why it matters
An RBI committee has recommended raising states’ average WMA limit by 11.2%. The available summary says the Standing Deposit Facility, or SDF, has become the main window for liquidity support to states in recent times, unlike the earlier role of WMA. The reporting does not give the revised limit or implementation details, so the immediate policy impact remains only partially defined.