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Last updated: 11 Aug, 2017  

RBI.Thmb.jpg RBI to transfer Rs 30,659 cr surplus to govt

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SME Times News Bureau | 11 Aug, 2017
The Reserve Bank of India on Thursday said it will transfer Rs 30,659 crore surplus to the government for the year ended June 30, 2017.

According to RBI, the decision to transfer the surplus was taken by its Central Board which met here on Thursday.

"The Reserve Bank's Central Board, at its meeting held today, approved the transfer of surplus to the government of India amounting to Rs 306.59 billion for the year ended June 30, 2017," the apex bank said in a statement on Thursday.
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