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RBI likely to follow April-March financial year from 2020-21 to align with Centre; proposal sent to govt for approval
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RBI likely to follow April-March financial year from 2020-21 to align with Centre; proposal sent to govt for approval

Accordingly, the RBI's April-March financial year system in line with the Central government will be effective from 2020-21 and a proposal in this regard has been forwarded to the government for its nod, said a release.