TNPSC Thervupettagam

Surplus Transfer to Government

May 25 , 2023 3 days 106 0
  • RBI board approved surplus transfer of Rs 87,416 crore rupees to the central government for the fiscal year ended 31 March 2023.
  • It is nearly triple of what it paid in the previous year.
  • The dividend pay-out was Rs 30,307 crore for accounting year 2021-22.
  • RBI deciding to keep the Contingency Risk Buffer at 6 per cent.
  • RBI board also raised Contingency Risk Buffer to 6 per cent from 5.50 per cent.

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *