May 23, 2024 BY Elizabeth Anderson
Reserve Bank Of India Approves Record High Dividend To Government
The government’s provisional 2024/2025 budget reflected a dividend of 1.02tn INR. Based on CNBC data, the RBI transferred 874.16bn INR to the government for the 2023 fiscal year. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Analysts speculate that the RBI earned higher interest on securities and this hiked its total income. This,…
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