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Surplus Transfer to Government
May 25 , 2023
894 days
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- 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.
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