In September 2019, the Reserve Bank of India (RBI) decided to align its financial year with the central government's calendar. The RBI's financial year changed from June–July to April–May, aligning with the government's April 1–March 31 fiscal year. The RBI's 2020 fiscal year was the last to run from July 1 to June 30. The 2020–2021 fiscal year began on July 1, 2020 and ended on March 31, 2021.
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