RBI balance sheet expands by 9.5% in FY18 on rise in foreign investments

The Reserve Bank of India’s (RBI’s) balance sheet expanded by 9.5 per cent to Rs  361.75 trillion in 2017-18 (FY18), on rising foreign investments and growth in foreign exchange reserves.

On June 30, 2017, the size of the bank’s balance sheet was Rs 330.4 trillion.

In its annual report, released on Wednesday, the RBI said the asset side increased 9.49 per cent.

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

While income for the year