Introduction :
The Finance Debt Management Division was set up in the year 2009 by converting Finance Commission Cell into the Finance Debt Management Division in order to facilitate the issue relating to RBI matters, Open Market Borrowing, Central Finance Commission, Board issues, Negotiated loans, Consolidated Sinking Fund, Guarantee Redemption Fund, FRBM, Investment in PSUs, House Building Advance, Motor Car Advance, NABARD Loan, Government Block Guarantee to various Corporations and Autonomous Bodies, etc. Matter relating to EDC Ltd and GSIDC Ltd including Budget Head Demand No.32 and other relevant matters related to Finance Debt Management.
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