The Reserve Bank of India (RBI) has approved the transfer of ________ as surplus to the Central Government for the accounting year 2023-24. This decision was made during the 608th meeting of the Central Board of Directors of the RBI held in Mumbai. The Board, under the Chairmanship of RBI Governor Shaktikanta Das, also decided to increase the Contingent Risk Buffer to 6.50% for FY 2023-24.