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Wednesday, August 29, 2001
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RBI submits annual report

MUMBAI, AUG. 28. The Government guarantees provided by both the Centre and the States, including letter of comfort and structured payment obligations are potential source of financial risk (deficit), the Reserve Bank of India said today.

The outstanding guarantees extended by the Governments mainly in form of loan and credit stood at Rs. 2,08,767 crores as at end March 2000, 21.3 per cent higher than in previous fiscal, the RBI said in its annual report for 2000-01 here.

- PTI

- Details under 'Business' Section

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