https://www.taxtmi.com/news?id=3268 The existing arrangement permits the RBI, in consultation with the Government, to invest Government cash surpluses up to a fixed maximum in securities from the RBI's portfolio, while any surplus above that ceiling remains idle; authorities propose revising the investment limit to enable broader RBI investment of surplus funds to reduce the Government's net interest payments. en-us Fri, 11 May 2012 18:28:50 +0530 Fri, 11 May 2012 18:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3268 The existing arrangement permits the RBI, in consultation with the Government, to invest Government cash surpluses up to a fixed maximum in securities from the RBI's portfolio, while any surplus above that ceiling remains idle; authorities propose revising the investment limit to enable broader RBI investment of surplus funds to reduce the Government's net interest payments. News - Fri, 11 May 2012 18:28:50 +0530 https://www.taxtmi.com/news?id=3268