RBI board approves Rs 1.76L cr transfer to govt ...Middle East

The board of RBI decided to transfer a sum of Rs 1,76,051cr to the Govt of India comprising Rs 1,23,414cr of surplus for the year 2018-19 and Rs 52,637cr of excess provisions identified as per the revised Economic Capital Framework. This follows the RBI board accepting the recommendation of transfer of excess reserves to the govt.

Hence then, the article about rbi board approves rs 1 76l cr transfer to govt was published today ( Monday 26/08/2019 - 06:15 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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