scorecardresearchGovt to get new avenues to borrow as RBI amends Vostro account rules: Report

Govt to get new avenues to borrow as RBI amends Vostro account rules: Report

Updated: 14 Jul 2022, 12:03 PM IST
TL;DR.
Although the concept has been around for some time, but what has changed is that the surplus in special rupee vostro accounts can now be invested in G­-Secs or T­-Bills
This move would come handy as the government looks forward to borrow nearly  <span class='webrupee'>₹</span>14.31­ lakh crore this fiscal.

This move would come handy as the government looks forward to borrow nearly 14.31­ lakh crore this fiscal.