Archive for June 6th, 2013

Reviewing RBI’s balance sheet and accounts

June 6, 2013

Well, I am late commenting on many things these days. Can’t help it as ME blogger is going through a major transition.

RBI had consulted a committee to review the presentation of its balance sheet and account statements. The committee put up its report y’day and is a decent read on RBI’s B/S.

Currently, RBI B/S is presented as BS of Issue Dept and BS of Banking Dept. It still follows the colonial masters as even BoE presents its B/S in the same manner and RBI was pretty much modelled on BoE. As the report says:

(more…)

Advertisements

%d bloggers like this: