Question
According to the Bimal Jalan committee’s report, the
RBI, has to maintain a minimum contingency risk buffer of?Solution
- According to the Bimal Jalan committee’s report, the RBI, at all times, has to maintain a minimum contingency risk buffer of 5.5 per cent.
- Reserve Bank of India will transfer Rs 30,307 crore as surplus to the government for 2021-22. The decision was taken after deciding to maintain the contingency risk buffer at 5.50 per cent of its balance sheet.
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