RBI Annual Report: Central Bank’s Annual Income More Than Doubled In 2018-19
The Reserve Bank of India’s logo is pictured at its headquarters in Mumbai. The transfer of the excess RBI reserves brings down its contingency fund to 5.5 percent of its balance sheet. (Photographer: )

RBI Annual Report: Central Bank’s Annual Income More Than Doubled In 2018-19

The Reserve Bank of India’s annual report shows that the central bank’s total income more than doubled in 2018-19, allowing it to transfer a significantly higher surplus of Rs 1.23 lakh crore to th...
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