RBI's annual report shows a 47% increase in its total income, which led to a higher dividend payment to the Centre and an increase in contingency requirements
The Reserve Bank of India released its annual report for the year 2022-23 on May 30. The report provides information on the RBI’s functioning through the fiscal year as well as the state of the economy. Here are five data points which highlight some important aspects of the report.
FILE PHOTO: A woman walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, April 6, 2023. REUTERS/Francis Mascarenhas/File Photo (REUTERS)