HC Deb 12 March 1928 vol 214 c1488

asked the Under-Secretary of State for India how many applications for subscription were received from India for the sterling loan recently issued by the Secretary of State; and whether he will state the total amount allotted to those applicants?


Facilities were provided, as on previous occasions, for applications from India to be made through the Imperial Bank of India. Eighteen such applications were received and £194,150 was allotted in respect of them. Apart from the above, some of the applications put in by banks and others in London may have been made on behalf of persons in India; but there is no means of estimating the total.