
The Reserve Bank of India will transfer Rs 99,122 crore surplus to the Central Government for the accounting period of nine months ended March 31, 2021 (July 2020-March 2021). The Contingency Risk Buffer will remain at 5.50%.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
This year RBI has changed its Accounting year from July-June to April-March to coincide with the accounting year of Government. As a result, the accounting year 2020-21 of RBI has only 9 months. It must be noted that every year, RBI transfers its entire surplus which it has earned as profit to Central Government.



Haryana Assembly Passes Resolution to Co...
Which Country is Known as the Land of Ch...
Operation Hawkeye: US and Jordan Strike ...

