TNPSC Thervupettagam

Surplus transfer to the Central

May 27 , 2022 914 days 606 0
  • The Reserve Bank of India has sanctioned a surplus transfer to the Central Government of 30,307 crore rupees for the fiscal year 2021-22.
  • The 596th meeting of the central board of the RBI was held under the Chairmanship of Governor Shaktikanta Das.
  • The board agreed to keep the Contingency Risk Buffer at 5.50 percent after examining the present economic condition, global and domestic issues, and the effect of recent geopolitical developments.

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