RBI to Manage Delhi Govt Banking & Debt
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RBI signs agreement with Delhi government to manage its general banking business and rupee public debt, effective January 9, 2026.
Mumbai, Jan 5 (PTI) The Reserve Bank of India will carry out the general banking business of the Delhi government and manage its public debt.
The central bank has entered into an agreement with the Government of the National Capital Territory of Delhi (GNCTD) in this regard.
"Under the agreement, which shall be effective from January 09, 2026, the Reserve Bank of India shall carry on the general banking business of GNCTD and manage its rupee public debt," the Reserve Bank said in a statement.
The central bank has entered into an agreement with the Government of the National Capital Territory of Delhi (GNCTD) in this regard.
"Under the agreement, which shall be effective from January 09, 2026, the Reserve Bank of India shall carry on the general banking business of GNCTD and manage its rupee public debt," the Reserve Bank said in a statement.
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