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Central Board of RBI reviews current economic situation

Central Board of RBI reviews current economic situation
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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Central Board of RBI reviews current economic situation

Central Board of RBI reviews current economic situation
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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M K Jain re-appointed as RBI Deputy Governor for a period of two years

The Reserve Bank on Wednesday said the government has extended the tenure of Deputy Governor Mahesh Kumar Jain for two years.
The Central Government has re-appointed Shri Mahesh Kumar Jain as Deputy Governor, Reserve Bank of India for a period of two years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021, the central bank said in a statement.
Jain was appointed as deputy governor for three years in June 2018.
Before joining the Reserve Bank of India, he was managing director of IDBI Bank.
The other three serving deputy governors are Michael Patra, M Rajeshwar Rao and T Rabi Sankar. ....

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RBI to transfer Rs99,122 crore surplus to govt

Finance > Banks & institutions > Companies (banking) > RBI
21 May 2021
The Central Board of Directors of Reserve Bank of India at its annual meeting today approved the transfer of Rs99,122 crore as surplus to the central government for the accounting period of nine months ended 31 March 2021 (July 2020-March 2021).
The transfer will help the government s finances as the country battles a furious second coronavirus wave that has seen daily infections and deaths rise to a record level. The restrictions clamped to break the chain of infections have also put a question mark on the country s economic recovery.
RBI has decided to maintain its Contingency Risk Buffer at 5.50 per cent. The central bank is required to maintain a contingency risk buffer of 5.5-6.5 per cent of its balance sheet. ....

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ਆਰਬੀਆਈ ਸਰਕਾਰ ਨੂੰ ਦੇਵੇਗਾ 99,122 ਕਰੋੜ

ਆਰਬੀਆਈ ਸਰਕਾਰ ਨੂੰ ਦੇਵੇਗਾ 99,122 ਕਰੋੜ
punjabitribuneonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punjabitribuneonline.com Daily Mail and Mail on Sunday newspapers.

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