RBI: Income grows 12.7% in 2010-11

The RBI has posted an income of Rs. 37,070 Crore for the year 2010-11. The accounting year of RBI starts from July and ends in June. Reserve Bank of India’s (RBI) gross income for 2010-11 rose 12.7 per cent to Rs 37,070 crore from Rs 32,884 crore a year ago. The increase in the earning is mostly due to an increase in earnings from domestic assets.

Month: Current Affairs - November, 2011