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Indian govt had no outstanding loans from RBI in Feb 26 week

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Reuters
Last Updated : Mar 04 2016 | 5:14 PM IST

(Reuters) - The government had no outstanding loans with the Reserve Bank of India under ways and means advances in the week ended Feb. 26, according to the RBI's weekly statistical supplement released on Friday.

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

State governments had 15.39 billion rupees ($229.3 million) loans from the RBI in the week ended Feb. 26, compared with 31.16 billion rupees in the previous week, the release showed.

Source text: (https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=36404)

($1 = 67.1300 Indian rupees)

(India Headline News Team; +91 80 6749 1310)

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First Published: Mar 04 2016 | 5:06 PM IST

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