Reuters logo
India central bank to transfer surplus profit of $8.62 bln to govt
August 10, 2014 / 12:16 PM / 3 years ago

India central bank to transfer surplus profit of $8.62 bln to govt

MUMBAI, Aug 10 (Reuters) - India’s central bank said on Sunday its board has approved the transfer of a surplus profit of 526.79 billion rupees ($8.62 billion) to the government for the year ended June 2014.

This compares with a surplus transfer of 330.10 billion rupees last year. The central bank said the transfer will take effect on Monday. (1 US dollar = 61.1400 Indian rupee) (Reporting by Zeba Siddiqui in Mumbai; Editing by Larry King)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below