RBI’s income up 47% to ₹2.4 lakh cr; ends FY23 with ₹87,416 cr surplus
RBI says its balance sheet increased by ₹1,54,453.97 cr, i.e., 2.50% from ₹61,90,302 cr as on March 31, 2022 to ₹63,44,756 cr as on March 31, 2023
rbi balance sheet
May 2023
December 2022
May 2022
RBI approves ₹87,416 cr surplus transfer to Centre for FY23
The central bank has also decided to raise the contingency risk buffer to 6% from 5.5% earlier
Banks reported frauds worth ₹19,485 cr in H1 FY23: RBI
The number of financial frauds rose to 5,406 in the first six months of the financial year 2022-23 compared with 4,069 in the corresponding period a year ago.
RBI transferred ₹1.14 lakh cr to contingency fund in FY22
RBI’s income for 2021-22 increased by 20%, while expenditure grew a whopping 280%; transferred surplus worth ₹30,307.45 crore to govt.
