The size of the Reserve Bank’s balance sheet increased by 8.46 per cent during the 12 months ended March 31, 2022, reflecting its liquidity and foreign exchange operations during the year.
While income for the year increased by 20.14 per cent, the expenditure increased by a whopping 280.13 per cent, as per the RBI’s annual report for 2021-22.
FY22 was the first full year of the April-March accounting cycle after transition. It…