RBI board reviews economic capital framework ahead of surplus transfer

RBI board reviews Economic Capital Framework as part of five-year cycle, with FY25 surplus transfer expected to set a new record amid strong balance sheet gains
Manojit Saha Subrata Panda Mumbai
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The central board of the Reserve Bank of India (RBI) on Thursday met and reviewed the economic capital framework (ECF), ahead of the next board meeting later this month to finalise how much surplus it would transfer to the central government.
The board is scheduled to meet on May 23 to discuss the working of the RBI during April-March 2024-25 and approve the annual report and accounts for the accounting year 2024-25, and decide on the transferable surplus.
The transferable surplus for a year is arrived at on the basis of the ECF adopted by the central bank in 2019

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