News and Press Release - Dated:- 12-2-2019 - Ministry of Finance Posted On: 12 FEB 2019 5:35PM by PIB Delhi The Reserve Bank of India (RBI) transfers its surplus profits to the Government of India in terms of the provisions of Section 47 of the Reserve Bank of India Act, 1934 which is as follows: After making provision for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds and for all matters for which provision is to be made by or under this Act or which are usually provided for by bankers, the balance of the profits shall be paid to the Central Government. The details of surplus amount transferred to the Government by RBI during the last decade are as follows: Table: Surplus paid by RBI to the Government of India Year of Amount Date of credit in Surplus for the Receipt (₹ Crore) Govt. A/c financial year of RBI 2009-10 25,009 13-Aug-09 2008-09 2010-11 18,759 12-Aug-10 2009-10 2011-12 15,009 11-Aug-11 2010-11 2012-13 16,010 9-Aug-12 2

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