RBI expected to transfer another bumper payout to govt, analysts say

  • Posted on January 23, 2025
  • By Business News Today
  • 2 Views
RBI expected to transfer another bumper payout to govt, analysts say

India's central bank is likely to make a substantial dividend payout to the government, estimated at up to 2 trillion rupees, following interventions to support the rupee. This windfall comes as the government looks to offset weak tax revenues and sluggish private investment. The Reserve Bank of India's dollar sales have been profitable due to previously lower acquisition rates.
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