The Central Board of Directors of the RBI has approved a transfer of Rs 30,307 crore as surplus to the Centre for the accounting year 2021-22.
The contingency risk buffer has been kept at 5.5%.
The Board in its meeting reviewed the current economic situation, global and domestic challenges and the impact of recent geopolitical developments.
The Board also discussed the working of the Reserve Bank during the year April 2021 – March 2022 and approved the Annual Report and accounts of the Reserve Bank for the accounting year 2021-22.