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This Article is From Mar 04, 2016

Government Had No Outstanding Loans From RBI in Week to February 26

The government had no outstanding loans with the Reserve Bank of India under ways and means advances in the week ended February 26, according to the central bank's weekly statistical supplement released on Friday.

Government Had No Outstanding Loans From RBI in Week to February 26
The government had no outstanding loans with the Reserve Bank of India under ways and means advances in the week ended February 26, according to the central bank's weekly statistical supplement released on Friday.

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

State governments had Rs 1,539 crore ($229.3 million) loans from the RBI in the week ended February 26, compared with Rs 3,116 crore in the previous week, the release showed.

($1 = Rs 67.13)
© Thomson Reuters 2016

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