INDIAN FINANCES
NEW LOAN ANNOUNCED IMPROVEMENT IN CREDIT. Received April 25. 8.15 p.m. CALCUTTA, April 24. A new Government of India loan is announced at 34 per cent., 1947 to 1950. The loan is in two departments—one cash and the other conversion, each of 15 crores. The 34 per cent, indicates that Indian credit stands high, in striking contrast to September, 1931, when Treasury bonds stood at 64 per cent.
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Bibliographic details
Wanganui Chronicle, Volume 76, Issue 96, 26 April 1933, Page 7
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70INDIAN FINANCES Wanganui Chronicle, Volume 76, Issue 96, 26 April 1933, Page 7
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