RBI bought 72.6 tonnes of gold in 2024: India will remain the fastest growing economy; 6 big things of RBI Annual Report

RBI bought 72.6 tonnes of gold in 2024: India will remain the fastest growing economy; 6 big things of RBI Annual Report


Mumbai7 minutes ago

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India’s Gold Reserve has increased by 57.48 tonnes to 879.58 tonnes in 2024-25. At the same time, India’s economy remains strong and in 2025-26 it will be the fastest growing economy in the world. RBI has released its annual report on 29 May today, which has been given this information.

6 big things of RBI report:

1. Bought 72.6 tonnes of gold in 2024, total reserves 879.58 tonnes

RBI bought 72.6 tonnes of gold in 2024 and bought 2.8 tonnes in the first two months (January-February) of 2025. Now India has a total of 879.58 tonnes of gold, which makes it the seventh largest gold reserve country in the world. At number one is America, then Germany, Italy, France, China, and Switzerland.

2. Cost of printing notes increased by 25% to Rs 6,372.8 crore

In 2024-25, the cost of printing notes increased by 25% to Rs 6,372.8 crore, which was Rs 5,101.4 crore in the previous year (2023-24). This means that printing notes is becoming expensive. Perhaps it has become expensive due to the increase in the cost of paper, ink, and security features.

3. Real GDP growth estimated to be 6.5% in 2025-26

Real GDP growth for 2025-26 is estimated to be 6.5%. Real GDP growth in 2023-24 was 7.6%, which is better than 7.0% of last year (2022-23). This was the third consecutive year when growth was 7% or more.

4. Things will be under control, inflation can remain 4%

Retail inflation is expected to be 4%, which is within the scope of RBI’s target (4% ± 2%). This means that the prices of things will remain under control, which will provide relief to the common people. However, globally, fluctuations in commodity prices and irregularities of weather can increase food inflation.

5. The number of bank frauds declines, but the amount increased

Despite the decline in the number of bank frauds reported in 2024–25, the value of fraud has increased almost three times compared to the previous year. A total of 23,953 cases of fraud were reported during the year, which is less than 36,060 in 2023-24. However, the amount included increased from ₹ 12,230 crore to ₹ 36,014 crore.

6. Increase in domestic savings, increased to 6.1% in 2023-24

There was an increase in total domestic savings in assets like shares and debentures, bank deposits, provident funds and pension funds. This was 10.7% of GNDi, which increased to 11.2% in 2022-23, ie GNDi, ie GNDi. However, the financial liabilities of families also increased from 5.8% of GNDi to 6.1% in 2023-24 in 2022-23.



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