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Government had no outstanding loans from RBI in May 20 week

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

Published: 27th May 2016 05:59 PM  |   Last Updated: 27th May 2016 05:59 PM   |  A+A-

The Indian government had no outstanding loans with the central bank under ways and means

advances in the week ended May 20, 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 26.22 billion rupees ($391.0 million) loans from the RBI in the week ended May 20, compared with 26.51 billion rupees in the previous week, the release showed.



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