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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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RBI to transfer Rs 99,122 crore as surplus to Centre

RBI to transfer Rs 99,122 crore as surplus to Centre
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IANS
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Reserve Bank of India (RBI). (File Photo: IANS). Image Source: IANS News
New Delhi, May 21 : The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the Centre for nine months ended March 31, 2021.
The decision was taken at the 589th meeting of the Central Board under the chairmanship of RBI Governor Shaktikanta Das, through video conference.
According to the RBI, the Board in its meeting reviewed the current economic situation, global and domestic challenges and recent policy measures taken by the Reserve Bank to mitigate the adverse impact of the second wave of Covid-19 on the economy. ....

New Delhi , Shaktikanta Das , Reserve Bank , Central Board , Annual Report , Central Government , Contingency Risk Buffer , புதியது டெல்ஹி , இருப்பு வங்கி , மைய பலகை , ஆண்டு அறிக்கை , மைய அரசு , தற்செயல் ஆபத்து இடையக ,

RBI Board approves transfer of ₹99,122 crore as surplus to government

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. ....

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RBI's to transfer Rs 99,122 cr as surplus to Centre (Ld)

RBI s to transfer Rs 99,122 cr as surplus to Centre (Ld)
By
IANS
|
0 Views
Reserve Bank of India (RBI). (File Photo: IANS). Image Source: IANS News
New Delhi, May 21 : Reserve Bank will transfer Rs 99,122 crore as surplus to Centre for nine months ended March 31, 2021.
The decision was taken at the 589th meeting of the Central Board under the chairmanship of RBI Governor Shaktikanta Das, through video conference.
According to the RBI, the Board in its meeting reviewed the current economic situation, global and domestic challenges and recent policy measures taken by the Reserve Bank to mitigate the adverse impact of the second wave of Covid-19 on the economy. ....

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