Outstanding Dues of State Governments to Nationalised Banks

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....utstanding Dues of State Governments to Nationalised Banks <br>News and Press Release<br>Dated:- 29-11-2012<br><BR>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 subsc....

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....ribed 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 Minis....

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