RBI to transfer â¹50,000 crore surplus to government
The Reserve Bank of India's board has approved the transfer of a surplus amount of â¹50,000 crore to the government for the year ended June 30, 2018. The RBI had transferred a surplus of â¹30,659 crore to the government for the fiscal ended June 2017, which was less than half of what it paid in the previous year (â¹65,896 crore). 