Economy, Banking and Finance · 6 January 2026
Delhi Government signs MoU with Reserve Bank of India (RBI) for Yamuna rejuvenation and infrastructure capital expenditure.
Exam-focused facts from the 6 January 2026 current affairs briefing.
Key facts
- Delhi Government and Reserve Bank of India (RBI) sign MoU making RBI the banker, debt manager and financial agent for Delhi.
- Market borrowings via State Development Loans will carry interest of around seven per cent, replacing earlier high-cost borrowings at 12-13 per cent.
- Surplus funds of Delhi Government will be automatically invested daily through RBI mechanisms.
- Access to Ways and Means Advances and Special Drawing Facilities is enabled for managing temporary cash-flow mismatches.
- All borrowed funds must be used exclusively for capital expenditure with priority sectors being Yamuna rejuvenation, drinking water supply, health infrastructure, public transport, roads and flyovers.