Boost for Centre’s finances! RBI may transfer higher dividend of around Rs 1 lakh crore
Monday, 20 May 2024
Recent actions by the Reserve Bank of India (RBI) signal a larger dividend transfer to boost government finances. As the government's debt manager, the RBI is expected to announce the transfer of its surplus funds to the government towards the end of May.
Recent actions by the Reserve Bank of India (RBI) signal a larger dividend transfer to boost government finances. As the government's debt manager, the RBI is expected to announce the transfer of its surplus funds to the government towards the end of May.
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