Govt had no outstanding loans from RBI in Nov 11 week: Supplement release

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

RBI
State governments had Rs 3,728 crore ($456.5 million) loans from the RBI in the week ended Nov. 11, compared with 124.60 billion rupees in the previous week, the release showed
Reuters Nov 18
1 min read Last Updated : Nov 18 2022 | 5:30 PM IST

Nov 18 (Reuters) - The Indian government had no outstanding loans with the central bank under ways and means

advances in the week ended Nov. 11, according to the Reserve Bank of India's weekly statistical supplement released on Friday.

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

State governments had 37.28 billion rupees ($456.5 million) loans from the RBI in the week ended Nov. 11, compared with 124.60 billion rupees in the previous

week, the release showed.

 

($1 = 81.6710 Indian rupees)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Reserve Bank of IndialoansRBIindian government

First Published: Nov 18 2022 | 5:30 PM IST

Next Story