Reserves with RBI are not all of the same kind. In the current debate, there are two which are relevant: The Currency & Gold Revaluation Account (CGRA) and the Contingency Fund (CF). The CGRA and CF put together constituted 26% of assets (and because in a balance sheet assets and liabilities must by definition match, also the same proportion of its liabilities).from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2QdkcAs
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