Business Today

On High Ground

Total foreign exchange reserves with RBI (as on November 2, 2018) stood at Rs 28.66 lakh crore.
Shivani Sharma   New Delhi     Print Edition: December 16, 2018
On High Ground

The Centre feels the RBI is more than adequately capitalised. But with liabilities up 10% since last year, it needs to preserve reserves and deposits to shield the economy from future shocks.

Graphic By Nilanjan Das

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