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Business & Finance

Indian govt had no outstanding loans from RBI in April 9 week

  • The central government had no outstanding loans in the week earlier as well.
  • State governments had 23.55 billion rupees ($316.43 million)loans from the RBI in the week ended April 9, compared with 33.72 billion rupees in the previous week, the release showed.
Published April 16, 2021

BENGALURU: The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended April 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 23.55 billion rupees ($316.43 million)loans from the RBI in the week ended April 9, compared with 33.72 billion rupees in the previous week, the release showed.

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