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Indian govt had no outstanding loans from Reserve Bank of India in June 19 week
Reuters
Last Updated IST
The central government had no outstanding loans in the prior week as well. Credit: AFP File Photo
The central government had no outstanding loans in the prior week as well. Credit: AFP File Photo

The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended June 19, according to the Reserve Bank of India's weekly statistical supplement released on Friday.

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

State governments had 46.63 billion rupees ($616.58 million) of loans from the RBI in the week ended June 19, compared with 65.16 billion rupees in the previous week, the release showed.

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($1 = 75.6270 Indian rupees)

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(Published 26 June 2020, 18:31 IST)