01-01-1970 12:00 AM | Source: Reuters
Indian government had no outstanding loans from RBI in November 11 week
News By Tags | #248 #857 #8457

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

The Indian government had no outstanding loans with the central bank under ways and means

advances in the week ended Nov. 11, according to the Reserve Bank of India's weekly statistical supplement released on Friday.

The central government had no outstanding loans in the week earlier as well.

State governments had 37.28 billion rupees ($456.5 million) loans from the RBI in the week ended Nov. 11, compared with 124.60 billion rupees in the previous

week, the release showed.