January 3, 2020 / 12:16 PM / 2 months ago

Indian govt had no outstanding loans from RBI in Dec 27 week

BENGALURU, Jan 3 (Reuters) - The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended Dec. 27, 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 21.12 billion rupees loans from the RBI in the week ended Dec. 27, compared with 12.56 billion rupees in the previous week, the release showed.

Source text: (bit.ly/37ye0bA) (Reporting by Nallur Sethuraman in Bengaluru; Editing by Maju Samuel)

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