THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Monday, May 07, 2001
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Corporate

Policy
Assuring funds for performers
A RECENT letter from the country's central bank and the Government's debt manager -- the RBI -- to the Finance Ministry on the market borrowings of some State Governments appears to be acting as a wake-up call for the Government to thin k in terms of a policy to discourage the laggards and to enable the performers to borrow at fine rates.

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