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Govt overdraft from RBI hints at worries on finances

Govt overdraft from RBI hints at worries on finances

Wednesday, February 12, 2020, 12:57 PM

For most out-of-town students, the last few days of the month are rather trying. They rely on a combination of hostel loans and credits at the messing facilities to tide over the month-end cash crunch. North Block appears to be relying lately on similar arrangements with the central bank to tide over its own cash-flow mismatches.
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