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RBI can transfer Rs 1 trillion of excess reserves to government, says report

Updated : November 26, 2018 04:22 PM IST

An RBI board meeting had last Monday decided to form a committee, which is likely to be announced later this week.
The brokerage report said as per its stress tests, the central bank can transfer Rs 1 trillion to the government if the transfer is limited to passing excess contingency reserve and can go up to Rs 3 trillion if the total capital is included.
RBI can transfer Rs 1 trillion of excess reserves to government, says report
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