Reserve Bank balance sheet grew by 8.46 per cent in FY22: Annual report

The year ended with an overall surplus of Rs 30,307.45 crore as against Rs 99,122 crore in the previous year, the RBI annual report showed

The Reserve Bank of India’s (RBI’s) balance sheet increased 8.46 per cent during FY22, reflecting mainly its liquidity and foreign exchange operations.

While income increased 20.14 per cent, expenditure went up 280.13 per cent, according to the RBI’s Annual Report for FY22.

Last financial year was the first full year of the April-March accounting cycle. Earlier the RBI followed the July-June financial year.

The year ended with a surplus of Rs 30,307.45 crore against Rs 99,122 crore in the previous year (FY21).

Earlier this month, the Central Board of Directors of the RBI had