India govt had no outstanding loans from RBI

04 Jan, 2013

 

State governments borrowed 7.1 billion rupees ($128.86 million) from the central bank in the week ended Dec. 28.

 

The federal government had no outstanding loans from the central bank in the week ended Dec. 21, while state governments borrowed 7.41 billion rupees from the RBI.

 

Center>Copyright Reuters, 2013

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