Thursday, May 27, 2021

RBI to explore diversifying assets to boost returns on foreign exchange reserves

RBI's income dipped by 10.96 per cent, expenditure decreased by 63.10 per cent because of which the year ended with an overall surplus with RBI transferring a surplus of Rs 99,122 crore to the government, up 73.51 per cent over the previous year, according to the latest annual report released by the Reserve Bank.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-to-explore-diversifying-assets-to-boost-returns-on-foreign-exchange-reserves/articleshow/83003515.cms

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