RBI's Rs 99,122 cr payout to help govt tide over revenue losses from lockdowns: Analysts
RBI's Rs 99,122 cr payout to help govt tide over revenue losses from lockdowns: Analysts The higher payout followed the Bimal Jalan panel report that had set a new economic framework capital buffer for the central bank along with the contingency risk buffer at 5.5 per cent PTI | May 22, 2021 | Updated 08:05 IST After the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, analysts said this will help the government tide over the revenue losses from lockdowns and extend more support to the pandemic hit industries and to the poor people. In fiscal 2020, the RB...
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