Highlights

  • The central bank spent Rs 4,682.80 crore on printing of currency notes during 2022-23
  • The RBI transfers the surplus as dividend to the central government

Latest news

Global stock market indices: How the world markets performed today - 20 March 2025

Global stock market indices: How the world markets performed today - 20 March 2025

Indian stock market sector-wise performance today - March 20, 2025

Indian stock market sector-wise performance today - March 20, 2025

Top 5 Nifty 50 gainers today – March 20, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 20, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 20, 2025

NSE Nifty 50: Top 5 stock losers of March 20, 2025

Nothing Phone 3a Pro Review: Flashy & Competent

Nothing Phone 3a Pro Review: Flashy & Competent

Realme P3 Ultra Review: A real contender! (iQOO Neo 10R Compared)

Realme P3 Ultra Review: A real contender! (iQOO Neo 10R Compared)

Tesla service center attacked with Molotovs and gunfire

Tesla service center attacked with Molotovs and gunfire

Esha Deol discusses single parenthood challenges post split

Esha Deol discusses single parenthood challenges post split

RBI's balance sheet grows 2.5% to Rs 63.45 lakh crore in FY23

The balance sheet of the RBI plays a critical role in the functioning of the country's economy, largely reflecting the activities carried out in pursuance of its currency issue function as well as monetary policy and reserve management objectives

Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected

      The size of the Reserve Bank's balance sheet increased by 2.5 per cent for the year ended on March 31 to about Rs 63.45 lakh crore on higher income, as per the central bank's annual report released on Tuesday.

      The balance sheet of the RBI plays a critical role in the functioning of the country's economy, largely reflecting the activities carried out in pursuance of its currency issue function as well as monetary policy and reserve management objectives.

      "The size of the balance sheet increased by Rs 1,54,453.97 crore, i.e., 2.50 per cent from Rs 61,90,302.27 crore as on March 31, 2022 to Rs 63,44,756.24 crore as on March 31, 2023," the report said.

      While income for the year increased by 47.06 per cent, the expenditure increased by 14.05 per cent.

      The year ended with an overall surplus of Rs 87,416.22 crore as against Rs 30,307.45 crore in the previous year, resulting in an increase of 188.43 per cent.

      The RBI transfers the surplus as dividend to the central government.

      "The increase on the asset side was due to rise in foreign investments, gold, and loans and advances by 2.31 per cent, 15.30 per cent and 38.33 per cent, respectively," the RBI said.

      On the liability side, the expansion was due to increase in notes issued, revaluation accounts and other liabilities by 7.81 per cent, 20.50 per cent and 79.07 per cent, respectively.

      RBI further said domestic assets constituted 27.69 per cent while the foreign currency assets and gold (including gold deposit and gold held in India) constituted 72.31 per cent of total assets as on March 31, 2023 as against 28.22 per cent and 71.78 per cent, respectively, as on March 31, 2022.

      A provision of about Rs 1.31 lakh crore was made and transferred to Contingency Fund (CF). No provision was made towards Asset Development Fund (ADF).

      The central bank spent Rs 4,682.80 crore on printing of currency notes during 2022-23, marginally lower than Rs 4,984.80 crore in the preceding year.

      As on March 31, 2023, total gold held by the Reserve Bank was 794.63 metric tonnes as compared to 760.42 metric tonnes as on March 31, 2022.

      The increase, the RBI said, is on account of addition of 34.21 metric tonnes of gold during the year.

      The value of gold (including gold deposit) held as asset of Banking Department increased by 17.20 per cent from Rs 1,96,864.38 crore as on March 31, 2022 to Rs 2,30,733.95 crore as on March 31, 2023, the RBI said.

      DelhiRajpathCentral Vista ProjectIndia gateHardeep Singh Puri

      ADVERTISEMENT

      Up Next

      RBI's balance sheet grows 2.5% to Rs 63.45 lakh crore in FY23

      RBI's balance sheet grows 2.5% to Rs 63.45 lakh crore in FY23

      Indian stock market sector-wise performance today - March 20, 2025

      Indian stock market sector-wise performance today - March 20, 2025

      Top 5 Nifty 50 gainers today – March 20, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – March 20, 2025: Biggest stock moves

      NSE Nifty 50: Top 5 stock losers of March 20, 2025

      NSE Nifty 50: Top 5 stock losers of March 20, 2025

      Vodafone Idea explores satellite partnerships amid competitor moves

      Vodafone Idea explores satellite partnerships amid competitor moves

      Global stock market indices: How the world markets performed today - 19 March 2025

      Global stock market indices: How the world markets performed today - 19 March 2025

      ADVERTISEMENT

      editorji-whatsApp

      More videos

      Indian stock market sector-wise performance today - March 19, 2025

      Indian stock market sector-wise performance today - March 19, 2025

      Top 5 Nifty 50 gainers today – March 19, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – March 19, 2025: Biggest stock moves

      Global stock market indices: How the world markets performed today - 18 March 2025

      Global stock market indices: How the world markets performed today - 18 March 2025

      Indian stock market sector-wise performance today - March 18, 2025

      Indian stock market sector-wise performance today - March 18, 2025

      Top 5 Nifty 50 gainers today – March 18, 2025: Biggest stock moves

      Top 5 Nifty 50 gainers today – March 18, 2025: Biggest stock moves

      NSE Nifty 50: Top 5 stock losers of March 18, 2025

      NSE Nifty 50: Top 5 stock losers of March 18, 2025

      Global stock market indices: How the world markets performed today - 17 March 2025

      Global stock market indices: How the world markets performed today - 17 March 2025

      Indian stock market sector-wise performance today - March 17, 2025

      Indian stock market sector-wise performance today - March 17, 2025

      Global stock market indices: How the world markets performed today - 14 March 2025

      Global stock market indices: How the world markets performed today - 14 March 2025

      Indian stock market sector-wise performance today - March 14, 2025

      Indian stock market sector-wise performance today - March 14, 2025

      Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.