The Reserve Bank of India has decided to transfer ₹1.76 lakh crore to the Central government from its own reserves. The committee recommended that the RBI maintain a Contingent Risk Buffer — which mostly comes from the CF — of between 5.5-6.5% of the central bank’s balance sheet. Regarding the RBI’s economic capital levels — which is essentially the CGRA …
Every year since 2014, the RBI has transferred all the profits it has made to the government It may the first time it has been tried in India, but ‘raiding’ the central bank’s balance sheet and financial resources to meet government spending needs is not uncommon. Now, finance minister Arun Jaitley wants to take Rs 3.6 lakh crore out of …
There are many issues on which the Reserve Bank of India and the Centre disagree but the most significant one is over the treatment of the sizeable reserves in the central bank’s balance sheet. As of June 30, 2018, the RBI had ₹10.46 lakh crore in reserves, bulk of it under two heads — currency and gold revaluation reserve and …
)