Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.
RBI's record Rs 2.11 lakh crore dividend to boost India's FY2025 finances! Experts say it will lower the fiscal deficit by 0.4% & allow for increased spending or sharper consolidation. Read for the impact on government borrowing & challenges.
MUMBAI, May 22: The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for the fiscal ended March 31, more than double
RBI board approves transfer of ₹2,10,874 crore surplus to Centre for FY24 thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Windfall for govt as RBI transfers record Rs 2.1 trillion for FY24 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.