India Repaid 54 Billion Rupees to RBI in Week to Oct. 14

India’s federal government repaid 54.3 billion rupees ($1.08 billion) to the central bank in the week ended Oct. 14, reducing its outstanding liability to 328.8 billion rupees, the Reserve Bank of India said in an e-mailed statement today.

States borrowed 2.9 billion rupees from the Reserve Bank in the week.

To contact the reporter on this story: Tushar Dhara in New Delhi at tdhara1@bloomberg.net

To contact the editor responsible for this story: Niveditha Ravi at nravi2@bloomberg.net

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