Outstanding Dues of State Governments to Nationalised Banks

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..... Outstanding Dues of State Governments to Nationalised Banks
News and Press Release
Dated:- 29-11-2012

Press Information Bureau Government of India Ministry of Finance 29-November-2012 .....

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..... 14:42 IST As per the information received from the Reserve Bank of India (RBI), banks do not lend directly to the State Governments. The market borrowings of the State Governments are generally subs .....

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..... cribed by commercial banks (including Nationalised banks). It may be mentioned that there is no default in repayment of market borrowings of the State Governments so far. This was stated by the Mini .....

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..... ster of State for Finance, Shri Namo Narain Meena in a written reply to a question in the Rajya Sabha today. * * * DSM/RS/ka
News - Press release - PIB .....

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