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80 years after its inception, RBI to switch to April-March accounting year from next fiscal

80 years after its inception, RBI to switch to April-March accounting year from next fiscal
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Sunday, February 16, 2020
Over 80 years after its inception, the Reserve Bank of India (RBI) on Saturday decided to switch to April-March fiscal year from the current July-June format as its accounting year to align with the Central government.

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