Centre had no outstanding loans from RBI in Feb 19 week

Centre had no outstanding loans from RBI in February 19 week

The government had no outstanding loans in the week earlier as well

Representative image. Credit: iStock photo.

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

Read: India's economy exits recession, grows 0.4% in October-December quarter

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

State governments had 64.41 billion rupees ($871.76 million) loans from the RBI in the week ended February 19, compared with 109.18 billion rupees in the previous week, the release showed.

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