RBI’s FY24 Dividend Payout Will Ease Fiscal Deficit By 0.4%, Cut Govt’s Borrowing Needs: Economists
The RBI’s dividend amount of Rs 2.11 lakh crore is more than double what was paid in the previous year. The RBI’s surplus transfer will help boost the Centre’s resource envelope in FY2025, allowing for enhanced expenditures and a sharper fiscal consolidation, say economists The Reserve Bank of India’s (RBI) decision to transfer a record … Read more
