The Reserve Bank of India (RBI) released its annual financial report, revealing that its balance sheet size increased by 11.08% to ₹70.48 lakh crore (approximately $844.76 billion) as of March 31, 2024. This growth was driven by liquidity and foreign exchange operations. Notably, the RBI's balance sheet is now 2.5 times the size of Pakistan's Gross Domestic Product (GDP). The report underscores the significant expansion of the central bank's financial standing in FY24, positioning it well ahead of neighboring economies.
🚨 RBI's balance sheet size rose 11.08% to ₹70.48 lakh crore as of March 31, 2024. The central bank's balance sheet size at $844.76 is nearly 2.5 times that of Pakistan's entire GDP.
The #ReserveBank of India’s balance sheet size rose 11.08 per cent to ₹70.48 lakh crore as of March 31, 2024. The central bank's balance sheet size at $844.76 is nearly 2.5 times that of #Pakistan's entire #GDP. Read here: https://t.co/vOAf7cFL78 https://t.co/nXrE8aJDvA
2.5-Times Pakistan's GDP: RBI's mammoth balance sheet DECODED https://t.co/oiA74mm66E
The RBI released its annual financial report, showing that its balance sheet has grown to 2.5 times the size of Pakistan's GDP. Watch to know more. #ITNewsbyte #RBI #Pakistan #GDP | @sakshibatra18 https://t.co/A8ozrmUU85
Bizarre. BOJ’s balance sheet is $5 trillion, higher than India’s estimated 2023-24 GDP of $3.5 trillion. Last I checked, BOJ has no interest in replacing its assets with 1.5 years of Indian output. Why should the RBI want 2.5 years of Pakistan’s GDP? https://t.co/7JtU25U0Dg
The balance sheet of RBI increased 11.08 per cent year-on-year to Rs 70.47 trillion as on March 31, 2024, helped by liquidity and foreign exchange operations. #rbi #balancesheet #income #gdp https://t.co/NmXWEa888w
The Reserve Bank of India released its annual financial report on Thursday, showing that its balance sheet has grown to 2.5 times the size of Pakistan's Gross Domestic Product (GDP). The report showed that the RBI's balance sheet size surged by 11% to Rs 70.48 lakh crore… https://t.co/bX9BLxDscG
#LeadStoryOnET | #RBI's #BalanceSheet is now 2.5x the size of #Pakistan's #GDP https://t.co/FjljleP9HH
BIG BREAKING NEWS 🚨 At US $844.76 billion, RBI's balance sheet surpasses the entire GDPs of Pakistan and Bangladesh 🔥🔥 RBI's balance sheet size is now 2.5 times the size of Pakistan's GDP. PM Modi has promised that Bharat will become economic Major Power in his 3rd term.… https://t.co/FJf35NOcqb
The #ReserveBankofIndia’s balance sheet size rose 11.08 per cent to ₹70.48 lakh crore as of March 31, 2024, the central bank said in its annual report. https://t.co/vOAf7cFL78
#RBI’s #BalanceSheet size #swells 11% to Rs 70.48 lakh cr in FY24: #AnnualReport https://t.co/FjljleP9HH
⚠️ INDIA CENBANK: SIZE OF THE BALANCE SHEET INCREASED BY 11.08% TO 70.48 TRLN RUPEES AS ON MARCH 31, 2024