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India govt had no outstanding loans from RBI as on Dec 14

Source : REUTERS
Last Updated: Fri, Dec 21, 2012 11:40 hrs

MUMBAI, Dec 21 (Reuters) - The Indian government had no outstanding loans from the central bank as of Dec. 14, the Reserve Bank of India (RBI) said in its weekly statistical supplement on Friday.

State governments borrowed 13.09 billion rupees ($237.6 million) from the central bank in the week ended Dec. 14.

The federal government had no outstanding loans from the central bank in the week ended Dec. 7, while state governments borrowed 11.88 billion rupees from the RBI. ($1 = 55.1 rupees) (Reporting by Shamik Paul;Editing by Sunil Nair)




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