23-08-2024 05:28 PM | Source: Reuters
Indian government had no outstanding loans from RBI in Aug 16 week
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The Indian government had no outstanding loans with the central bank under ways and means
advances in the week ended Aug. 16, 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 267.67 billion rupees loans from the RBI in the week ended Aug. 16, compared with 329.93 billion rupees in the previous
week, the release showed.
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