MUMBAI, India, May 22 -- Reserve Bank of India issued the following press release:
The 623rd meeting of the Central Board of Directors of Reserve Bank of India was held today in Mumbai under the Chairmanship of Shri Sanjay Malhotra, Governor.
The Board reviewed the global and domestic economic scenario, including risks to the outlook. The Board deliberated on the annual accounts of the Reserve Bank for the FY 2025-26. The gross income of the Bank increased by 26.42 percent over the previous year while the expenditure before risk provisions increased by 27.60 percent. The net income, before risk provision and transfer to statutory funds, aggregated ₹3,95,972.10 crore in FY 2025-26 as against ₹3,13,455.77 crore in FY 2024-25. Th...