RBI dividend payout to centre rises 73%; Rs 99,122 crore transferred as surplus in FY21

The central bank’s board decided to maintain the contingency risk buffer at 5.5%, which is at the lowest end of the 5.5-6% range prescribed by the Bimal Jalan Committee that had reviewed the RBI’s economic capital framework. The board approved the transfer of Rs 99,122 crore as surplus to the government for the accounting period of nine months ended March 31. In the fiscal year ended June 2020, the RBI had transferred Rs 57,128 crore.

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