 "RBI to transfer Rs 87,416 crore to Centre as surplus for the year 2022-23")
The board also discussed the working of the RBI during the year and approved the Annual Report and accounts of the Reserve Bank for the accounting year 2022-23.
The Reserve Bank of India (RBI) has approved to transfer Rs 87,416 crore to Centre as surplus for 2022-23. The board decided to keep the contingency risk buffer at 6 per cent. The board in its meeting reviewed the global and domestic economic situation and associated challenges including the impact of current global geopolitical developments.
The Reserve Bank of India (RBI) has approved to transfer Rs 87,416 crore to Centre as surplus for 2022-23. The board decided to keep the contingency risk buffer at 6 per cent. The board in its meeting reviewed the global and domestic economic situation and associated challenges including the impact of current global geopolitical developments.
The board also discussed the working of the RBI during the year and approved the Annual Report and accounts of the Reserve Bank for the accounting year 2022-23.
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →Subscribe to Business Standard digital and get complimentary access to The New York Times
Quarterly Starter
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%