Bihar Government seeks ₹12,000 crore loan from RBI to cover delayed social security pensions

To code the fiscal crisis, the Bihar Government has approached the Reserve Bank of India (RBI) seeking a indebtedness of ₹12000 crore to wage its societal information pensions, including pensions for the aged and widows, which person been delayed for 2 months.

Officials successful the authorities said that the RBI volition merchandise the archetypal instalment of ₹4000 crore by the extremity of this period and the remaining instalments by June 2026.