The Reserve Bank of India (RBI) is going to release the of the financial Year 2018-19 today. This report is released every year, to analyse the working and operation of RBI and then it suggests the measures to improve the economic performance.
The FY19 annual report is significant in the backdrop of the release of the new economic capital framework under which RBI will transfer Rs 1.76 trillion surplus to the government. The transfer includes Rs 1.23 trillion of surplus for 2018-19 and Rs 52,637 crore  of excess provisions. The annual accounts will, therefore, give a detailed explanation of the reason behind the increase in surplus during the last financial year. Similarly, the central bank had seen a balance sheet increase of 9.49% with an overall surplus at ?50,000 core for the year ended 30 July 2018.
In last policy RBI had revised GDP growth for FY20 downwards to 6.9% from 7% in the June policy citing weak economic activity and global slowdown. Addressing growth concerns by boosting aggregate demand, especially private investment assumes the highest priority at this juncture while remaining consistent with the inflation mandate, the central bank had said in the policy.
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