RBI had announced an increase in the WMA limit of the States on April 1, 2020. With a view to providing greater comfort to the States to undertake COVID-19 containment and mitigation efforts and enable them to better plan their market borrowings, it has been decided to

• increase the WMA limit of the States by 60% over and above the level as on March 31, 2020

• The increased limit will be available till September 30, 2020.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2019-2020/2233