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RBI Board approves transfer of ₹99,122 crore as surplus to government
Updated:
Updated:
May 21, 2021 14:01 IST
The decision to transfer the surplus to the Central government was taken at the meeting of the Central Board of Directors of RBI.
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Reserve Bank of India Governor Shaktikanta Das.
The decision to transfer the surplus to the Central government was taken at the meeting of the Central Board of Directors of RBI. The Reserve Bank of India on Friday approved the transfer of ₹99,122 crore as surplus to the Central government for the accounting period of nine months ended March 31.
The decision to transfer the surplus to the Central government was taken at the meeting of the Central Board of Directors of RBI. The meeting was held through video-conferencing.
RBI approves transfer of Rs 99,122 crore as surplus to Centre
This will be for the accounting period of nine months ended March 31. It has also decided to maintain the Contingency Risk Buffer at 5.50 per cent
BusinessToday.In | May 21, 2021 | Updated 13:32 IST
Rs 99,122 crore as surplus to Centre
The Reserve Bank of India Central Board has approved transfer of Rs 99,122 crore as surplus to the central government. This will be for the accounting period of nine months ended March 31. It has also decided to maintain the Contingency Risk Buffer at 5.50 per cent.
The decision was taken during the 589th meeting of the Central Board of Directors of Reserve Bank of India on Friday held through video conferencing.