RBI board approves transfer of Rs 87,416 crore as dividend to govt for FY23 – The Economic Times Video

2023-05-19 15:42:19

The Reserve Bank of India’s board Friday approved the transfer of Rs 87,416 crore as surplus to the Central government. It also decided to raise the contingency risk buffer to 6% from 5.5%, the central bank said in a press release.In FY22, the RBI transferred Rs 30,307 crore to the government.

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