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India govt had no outstanding loans from RBI as on Jan 18

Source : REUTERS
Last Updated: Fri, Jan 25, 2013 11:49 hrs
Reserve Bank of India logo is pictured outside its head office in Mumbai

The Indian government had no outstanding loans from the central bank as of Jan. 18, the Reserve Bank of India (RBI) said in its weekly statistical supplement on Friday.

State governments borrowed 1.55 billion rupees ($28.87 million) from the central bank in the week ended Jan. 18.

The federal government had no outstanding loans from the central bank in the week ended Jan. 11, while state governments had borrowed 550 million rupees.


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