Indian government had Rs 1.66 trillion outstanding loans from RBI in May 1 week

The Indian government had 1.66 trillion rupees ($21.94 billion) outstanding loans with the central bank under ways and means advances in the week ended May 1, according to the Reserve Bank of India’s weekly statistical supplement released on Friday.

The central government had 1.12 trillion rupees outstanding loans in the week earlier.

State governments had 38.23 billion rupees loans from the RBI in the week ended May 1, compared with 10.63 billion rupees in the previous week, the release showed.