International Monetary Fund
India: History of Lending Commitments
as of December 31, 1996

The IMF lends under concessional and non-concessional arrangements or can provide outright loans. A lending arrangement, which is similar to a line of credit, is approved by the IMF Executive Board to support a country's economic and financial program. The arrangement requires the member to observe specific terms and subject to periodic reviews in order to continue to draw upon it. An outright loan is also approved by the IMF Executive Board, however, it does not require a member to observe specific terms.


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(In Thousands of SDRs)

Facility Date of
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Standby Arrangement    Oct 31, 1991    Jun 30, 1993 1,656,000 1,656,000 1,085,250
Standby Arrangement    Jan 18, 1991    Apr 17, 1991 551,925 551,925 0
Extended Fund Facility    Nov 09, 1981    May 01, 1984 5,000,000 3,900,000 0
Standby Arrangement    Mar 22, 1965    Mar 21, 1966 200,000 200,000 0
Standby Arrangement    Jul 09, 1963    Jul 08, 1964 100,000 0 0
Standby Arrangement    Jul 09, 1962    Jul 08, 1963 100,000 25,000 0
Standby Arrangement    Mar 11, 1957    Mar 10, 1958 72,500 72,500 0
Total 7,680,425 6,405,425 1,085,251

4/ The expiration date for outright disbursements (RFI and RCF) reflects the date the disbursement was drawn, or the date the disbursement expires, i.e., 60 days following the Board approval date. The expiration dates for arrangements under the GRA, PRGT, and RST reflect either the approved expiration date of the arrangement or the date the last disbursement takes place under the fully drawn arrangements.

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

India Financial Position in the Fund