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India govt had no outstanding loans from RBI as on Dec 21

Source : REUTERS
Last Updated: Fri, Dec 28, 2012 11:40 hrs

MUMBAI, Dec 28 (Reuters) - The Indian government had no outstanding loans from the central bank as of Dec. 21, the Reserve Bank of India (RBI) said in its weekly statistical supplement on Friday.

State governments borrowed 7.41 billion rupees ($134.84 million) from the central bank in the week ended Dec. 21.

The federal government had no outstanding loans from the central bank in the week ended Dec. 14, while state governments borrowed 13.09 billion rupees from the RBI. ($1 = 54.9550 Indian rupees) (Reporting by Subhadip Sircar; Editing by Sunil Nair)




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