In which state RBI does not transact the business?

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Foreign Borrowing Norms

In which state RBI does not transact the business?

State Government transactions are carried out by RBI in terms of the agreement entered into with the State Governments in terms of section 21A of the Act. As of now, such agreements exist between RBI and all the State Governments except with the Governments of Jammu and Kashmir and Sikkim.

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