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Govt had no outstanding loans from RBI in Nov 11 week: Supplement release

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

RBI
State governments had Rs 3,728 crore ($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
Reuters Nov 18
1 min read Last Updated : Nov 18 2022 | 5:30 PM IST

Nov 18 (Reuters) - 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.

 

($1 = 81.6710 Indian rupees)

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Topics :Reserve Bank of IndialoansRBIindian government

First Published: Nov 18 2022 | 5:30 PM IST

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