On High Ground

On High Ground

Total foreign exchange reserves with RBI (as on November 2, 2018) stood at Rs 28.66 lakh crore.

Shivani Sharma
  • New Delhi,
  • Nov 28, 2018,
  • Updated Nov 28, 2018, 6:42 PM IST

The Centre feels the RBI is more than adequately capitalised. But with liabilities up 10% since last year, it needs to preserve reserves and deposits to shield the economy from future shocks.

Graphic By Nilanjan Das

Read more!
RECOMMENDED