The Reserve Bank of India announced a record surplus transfer to the government for FY27, though it falls short of budget estimates. This significant payout, driven by foreign exchange gains and investment income, provides a crucial fiscal buffer amidst risin… For the full story, visit the source.
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RBI declares record Rs 2.87 lakh crore dividend to cushion war shock
The Reserve Bank of India announced a record surplus transfer to the government for FY27, though it falls short of budget estimates. This significant payout, driven by foreign exchange gains and investment income, provides a crucial fiscal buffer amidst risin…
By ET Online· The Times of India· 6 days ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India