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| Definition | : | Net Borrowing Ceiling |
| Category | : | Governmental » Rules & Regulations |
| Country/ Region |
: | India
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| Popularity | : |
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Initialism
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Net Borrowing Ceiling (NBC) is a limit set by the central government of India on the total amount that each state can borrow from all sources in a financial year. It is to ensure fiscal discipline and prevent states from taking on excessive debt.
NBC is expressed as a percentage of the state's Gross State Domestic Product (GSDP).
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National Broadcasting Company
TV & Radio
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National Business Center
Departments & Agencies
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National Building Code
Standards
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National Bank of Canada
Banking
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Namibian Broadcasting Corporation
TV & Radio
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The full form of NBC is Net Borrowing Ceiling
National Business Center | National Building Code | Net Borrowing Ceiling