Reverse repo operations Current Affairs, GK & News

RBI surplus transfer to government – Update (May, 2022)

The Reserve Bank of India (RBI) board recently approved the transfer of ₹30,307 crores to the central government for the financial year 2021-22. This is the lowest dividend in ten years. The huge investments of RBI in reverse repo operations had impacted the dividend. In FY21, RBI transferred Rs 99,122 crore to the central government. ..