RBI steadiness sheet rises by 8.46 laptop

The dimension of the Reserve Bank’s steadiness sheet elevated by 8.46 per cent as on March 31, 2022, primarily reflecting its liquidity and overseas trade operations through the 12 months.

While earnings for the 12 months elevated by 20.14 per cent, expenditure elevated by 280.13 per cent. The 12 months 2021-22 ended with an general surplus of Rs 30,307.45 crore as towards Rs 99,122 crore within the earlier 12 months, leading to its lower of 69.42 per cent, in response to the RBI Annual Report.

The dimension of the steadiness sheet elevated by Rs 482,633 crore, i.e., 8.46 per cent from Rs 57,07,669 crore as on March 31, 2021 to Rs 61,90,302 crore by March 31, 2022. The improve on the asset facet was as a consequence of improve in overseas investments, home investments, gold, and loans and advances by 4.28 per cent, 11.67 per cent, 30.07 per cent and 54.53 per cent, respectively, the RBI stated.

On the legal responsibility facet, the rise was as a consequence of improve in deposits and notes issued by 16.24 per cent and 9.86 per cent, respectively. Domestic belongings constituted 28.22 per cent whereas the overseas foreign money belongings and gold (together with gold deposit and gold held in India) constituted 71.78 per cent of whole belongings as of March 2022 as towards 26.42 per cent and 73.58 per cent, respectively, a 12 months in the past.

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DICGC SETTLES Rs 8,516 CR CLAIMS: As of March 31, 2022, the DICGC sanctioned claims amounting to Rs 3,457.4 crore to 2,64,142 depositors in respect of twenty-two city co-operative banks positioned underneath all-inclusive instructions by the Reserve Bank. Overall, the Corporation has settled mixture claims of Rs 8,516.6 crore underneath completely different channels through the 12 months 2021-22. The dimension of the Deposit Insurance Fund stood at Rs 146,842 crore as on March 31, 2022 yielding a reserve ratio of 1.81 per cent.