 "RBI to transfer surplus profit of Rs 52,679 cr to govt")
Mumbai: The Reserve Bank of India said on Sunday its board has approved the transfer of a surplus profit of Rs 52,679 crore ($8.62 billion) to the government for the year ended June 2014.
This compares with a surplus transfer of Rs 33,010 crore last year. The central bank said the transfer will take effect on Monday.
Reuters