The Reserve Bank of India will transfer its surplus profit of 65,896 crore rupees to the Centre. This amount is percent higher than previous year.

Related MCQs

• The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year?
• The Centre will over the next four years infuse how many crore rupees into the state-owned banks ?
• Urjit Patel recently (September 2016) assumed charge as the Governor of Reserve Bank of India. He is the Governor of Reserve Bank of India.
• The Reserve Bank of India has released the first Bi-monthly monetary policy of the new financial year (2017-18) on 06th April 2017. The RBI has however hiked its outlook for GDP growth to in this fiscal from 6.7% last year.
• Cash reserve ratio is the deposit to be held by banks with Reserve Bank of India
• which just received the Reserve Bank of India's license to launch a payments bank has inked a deal with ICICI group companies to distribute insurance products and tied up with Exide Life insurance to sell products via its distribution channel.
• In terms of Reserve Bank of India (RBI) guidelines, Banks in India must pay a minimum interest on the balances held in Saving bank account at ?
• Which of the following conditions must be fulfilled before a bank is included in the Second Schedule to the Reserve Bank of India Act?
• Government has infused Rs 2,229 crore into which public sector bank in lieu of preferential allotment of shares?
• Which bank has earmarked Rs 20 crore to support employees who were affected by the floods in Chennai?