RBI's surplus profit more than doubles at Rs 330.10 bn

Posted By: Religare
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RBI's surplus profit more than doubles at Rs 330.10 bn
The Reserve Bank of India (RBI) on Thursday said it will transfer its surplus profit of Rs 330.10 billion for the year ended June 30, 2013, which is more than double from Rs 160.10 billion in the previous year, to the government of India.

"The Reserve Bank's Central Board, at its meeting held today, approved the transfer of surplus profit to the Government of India amounting to Rs 330.10 billion for the year ended June 30, 2013 as against Rs 160.10 billion for the year ended June 30, 2012," said RBI in a statement.

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