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

To address the financial crisis, the Bihar Government has approached the Reserve Bank of India (RBI) seeking a loan of ₹12000 crore to pay its social security pensions, including pensions for the elderly and widows, which have been delayed for two months.

Officials in the government said that the RBI will release the first instalment of ₹4000 crore by the end of this month and the remaining instalments by June 2026.