The Transfer Of Surplus Is Not A Raid On RBI’s Balance Sheet, Says Rakesh Mohan
Rakesh Mohan, previously deputy governor of RBI, at a banking conference in Mumbai (Photographer: Prashanth Vishwanathan/Bloomberg)

The Transfer Of Surplus Is Not A Raid On RBI’s Balance Sheet, Says Rakesh Mohan

The central board of the Reserve Bank of India has approved a transfer of Rs 1.76 lakh crore to the government of India, after considering the recommendations of a committee set up to review the ce...
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