RBI's balance sheet grows 30% in 2019-20 to Rs 53.34 lakh cr
Despite Covid-19, the Reserve Bank of India (RBI) on Tuesday reported a growth of 30 per cent in its balance sheet to around Rs 53.34 lakh crore for the year 2019-20. RBI`s financial year runs from July-June.
According to the RBI`s annual report, the increase on the asset side was due to rise in domestic and foreign investments by 18.40 per cent and 27.28 per cent, respectively. Photo: PTI