Follow Us:

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA

UNSTARRED QUESTION NO: 2863
ANSWERED ON: 02.12.2016
Surplus from RBI
G. HARI
Will the Minister FINANCE

of

be pleased to state:-

(a) Whether the Government has received Rs. 66,000 crore surplus from Reserve Bank of India (RBI);

(b) If so, the details thereof;

(c) Whether the surplus generated through RBI’s investment activities, primarily in sovereign bonds like US Treasury-bills; and

(d) If so, the details thereof?

ANSWER

(a) & (b): The Government has received Rs. 65,876 crore as dividend on August 11, 2016 from Reserve Bank of India (RBI) for the year ended June 2016.

(c) & (d): During the financial year 2015-16, RBI’s income was from investment activities in domestic and foreign securities. The major portion (about 67 per cent) of the income was accrued from investment activities from domestic securities.

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930