Thursday 29 August 2019

Bond income helps RBI to pay record windfall

Almost 70% of the Rs 1.76 lakh crore disbursement which was approved by the RBI on Monday is derived from the income the central bank earned on its investments, likely gains from changes to accounting of its foreign exchange policy and the fees it gets from printing notes and minting coins. The rest, about Rs 52,600 cr, comes from its surplus capital.

from Times of India https://ift.tt/2L61WWF
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