Monday, 26 August 2019

RBI to transfer record Rs 1.76L crore to govt

The RBI board, headed by governor Shaktikanta Das, which met in Mumbai on Monday, approved a transfer of Rs 1,76,051 crore to the government. This includes Rs 1,23,414 crore of surplus or dividend for the year 2018-19 and Rs 52,637 crore of excess provisions — a one-time transfer which is also a first for the central bank.

from The Times of India https://ift.tt/2KVQ4X5

No comments:

Post a Comment

After 250 years the American Dream is surviving, but only just

The American Dream has persisted since the days of the Founding Fathers, but faith in the ideal is fading from BBC News https://ift.tt/K0Q...