RBI to transfer Rs 52,679 crore surplus profit to government: Media
Report
11/08/2014 17:35
The Reserve Bank will transfer to the Centre its surplus profit of Rs 52,679 crore, about 60 peer cent more than the amount given last year, reported PTI. "The Central Board of Directors of the Reserve Bank of India...Approved the transfer of surplus amounting to Rs 526.79 billion for the year ended June 30, 2014 to the Government of India," the central bank said in a statement adding the transfer will take place today. Last year, the RBI had transfered its Rs 33,010 crore surplus profit to the Centre.
11/08/2014 17:35
The Reserve Bank will transfer to the Centre its surplus profit of Rs 52,679 crore, about 60 peer cent more than the amount given last year, reported PTI. "The Central Board of Directors of the Reserve Bank of India...Approved the transfer of surplus amounting to Rs 526.79 billion for the year ended June 30, 2014 to the Government of India," the central bank said in a statement adding the transfer will take place today. Last year, the RBI had transfered its Rs 33,010 crore surplus profit to the Centre.
