RBI balance sheet grew 7% in 9 months to March
The Hindu
Income dipped 11%, expenditure 63%
The size of the Reserve Bank’s balance sheet, which is reflective of activities carried out by it in pursuance of currency issue function as well as monetary policy and reserve management, has increased by 6.99% to ₹57,07,669.13 crore during the nine-month period ended March 31. “The increase on the asset side was mainly due to increase in foreign and domestic investments by 11.48% and 13.75%, respectively,” it said in the Annual Report for FY21. On liabilities, the increase was due to growth in deposits, notes issued and other liabilities.
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