The size of the Reserve Bank of India’s (RBI) balance sheet is Rs 36 trillion, of which 27 per cent can be broadly classified as capital reserves, that is, Rs 9.7 trillion.
Over 70 per cent of this or Rs 7 trillion comprises revaluation reserves, which track changes in Mint Road’s assets consisting mainly of foreign currency and domestic assets. The change in the value of the RBI’s assets is accounted for under the revaluation reserves, with gains eventually making their way either to the government as dividends, or to funds for its day-to-day operations, or earmarked for ...
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