The Central Board of the Reserve Bank of India (RBI) on Friday gave its approval to the proposal to transfer a surplus amount of 99,122 crore rupees to the Central Government. A statement issued by the central bank stated that this surplus amount would be transferred to the government for a nine-month accounting period ending on March 31, 2021. The decision was taken in a meeting of the Central Board of Directors of the central bank chaired by RBI Governor Shaktikanta Das on Friday. The meeting took place through video conferencing.
According to an RBI release, the 589th meeting of the Central Board of Directors reviewed the current economic conditions, global and domestic challenges. Also, the recent steps taken by the RBI to reduce the impact of the second wave economy of Covid-19 were taken into consideration.
The functioning of the RBI was discussed during the change of nine months (July 2020-March 2021) in the board meeting. It is noteworthy that RBI has changed its accounting year. Now the accounting year of RBI will also be from April to March.
Earlier, RBI used to consider the accounting year of July-June. Therefore, July 2020-March 2021 was the transition period. During the meeting, the board gave its approval to RBI's annual report and accounts for this transition period.
Deputy Governors Mahesh Kumar Jain, Michael Devvrat Patra, M Rajeshwar Rao, T Ravi Shankar also attended the meeting. Other directors of the Central Board N Chandrasekaran, Satish K Marathe, S Gurumurthy, Revathi Iyer, and Sachin Chaturvedi also attended the meeting. . Apart from these, Devashish Panda, Secretary, Department of Financial Services, and Ajay Seth, Secretary, Economic Affairs also participated.
RBSE 12th Result: Rajasthan Board 12th result is going to be released, and science-commerce results will be released simultaneously
RBSE 12th Result 2022: Rajasthan Board of Secondary Education, Ajmer is soon going to release the results of the 2021-22 board examinations. This information has also been given on the Twitter handle
Russia-Ukraine Conflict: 'Parinda could not even kill' Putin told his army, then why ordered not to attack Mariupol
Russian President Vladimir Putin has ordered his army to surround Ukraine's last stronghold, Mariupol, instead of attacking it "so that even the birds can't be killed there." Defense Minister Sergei
Pak army had committed genocide in Bangladesh in 1971, US lawmakers presented a resolution in the House of Representatives
Two influential US lawmakers have introduced a motion in the House of Representatives. Through this resolution, he urged the US President to recognize as genocide the atrocities committed by Pakistani
BAN vs IRE: Mushfiqur Rahim completes century on the last ball, records against Ireland
Veteran Bangladesh batsman Mushfiqur Rahim created history by scoring a century in the second ODI against Ireland on Monday. Rahim completed his century on the last ball of Bangladesh's innings.
Pune Car Accident: After the father and grandfather, the mother was also caught by the police while trying to save the minor; she committed this big crime
A new twist has emerged in the Pune Porsche car accident. Pune Police has arrested the teenager's mother in the Porsche car accident case. It has been confirmed in the case that the teenager's blood
The hot weather can spoil the health of wheat, there is a possibility of 11.21 million tonnes of production in the current rabi season
The warming mood of the weather can take a toll on the health of wheat. For the last week, the normal temperature has started weighing on the foreheads of agricultural scientists and policy
Sonam Raghuvanshi: Raj and Sonam will face each other today, both the accused have been brought to Shillong on remand; big secrets will be revealed during interrogation
Police have brought Sonam Raghuvanshi, the prime accused of killing her husband Raja Raghuvanshi by breaking the sacred relationship and trust of marriage, to Shillong for transit remand. Sonam will
Heroin worth 125 crores recovered in Mumbai: Groundnut was brought from Iran in a consignment of oil, DRI raided the port and caught
Amidst the ongoing cruise drugs party case in Mumbai, the team of the Directorate of Revenue Intelligence (DRI) has raided the Mumbai port. 25 kg heroin has been recovered from a container here. Its
Gyanvapi ASI Survey: The survey of ASI in Gyanvapi will be completed in 15 days, the truth of Shivling-like shape will come to the fore!
The ASI team will start with the survey topography on Friday morning on the Gyanvapi campus. In the first phase, a map of the entire campus will be prepared in two to three days. Its geographical
No mobile, no TV for two hours in Maharashtra village: Kids go inside as soon as the siren sounds
When we had just reached the village, a siren started blaring. Children playing on the roads were seen running toward the houses. On the other hand, their parents also came out of their houses to find
