RBI to transfer Rs 87,416 crore to Centre as surplus for the year 2022-23
RBI dividend payout: In 2021-22, it had transferred Rs 30,307.45 crore to the Centre
 "Boston Institute")
Boston Institute
Listen to This Article
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.
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.
More From This Section
Topics : TCS RBI Governor
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 19 2023 | 4:20 PM IST