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Indian govt has no outstanding loans from RBI in week 26
Reuters
Last Updated IST
The  logo of Reserve Bank of India (Reuters Photo)
The logo of Reserve Bank of India (Reuters Photo)

The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended June 26, 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 34.16 billion rupees ($457.58 million) of loans from the RBI in the week ended June 26, compared with 46.63 billion rupees in the previous week, the release showed. ($1 = 74.6533 Indian rupees)

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(Published 03 July 2020, 19:11 IST)