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Government had no outstanding loans from RBI in March 9 week

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Reuters
Last Updated : Mar 16 2018 | 5:15 PM IST

(Reuters) - The government had no outstanding loans with the central bank under ways and means

advances in the week ended March 9, 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 60.63 billion rupees ($933.2 million) loans from the RBI in the week ended March 9, compared with 2.16 billion rupees in the previous

week, the release showed.

Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx)

($1 = 64.9700 Indian rupees)

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First Published: Mar 16 2018 | 5:06 PM IST

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