RBI's Balance Sheet Explodes, More Than Two Times of Pakistan's GDP!

RBI’s balance sheet grew 11.08% to Rs 70.48 lakh crore as of March 31, 2024.

Comparative Size

At US$844.76 billion, RBI's balance sheet is 2.5x Pakistan's GDP, pegged at $338.24 billion.

GDP Ratio

RBI's balance sheet is 24.1% of India's GDP in March 2024, up from 23.5% in March 2023.

Income and Surplus

RBI's income rose by 17.04% in FY24, expenditure fell by 56.30%, and surplus increased by 141.23% to Rs 2.11 lakh crore.

Contingency Fund

RBI allocated Rs 42,820 crore to the contingency fund in FY24 to ensure financial stability.

Economic Outlook

RBI forecasts a bright outlook for India, despite food inflation risks, with real GDP growth around 7% for FY25.