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Reserve Bank of India | Reserve Bank of India payout to help trim deficit

Reserve Bank of India | Reserve Bank of India payout to help trim deficit
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RBI dividend: RBI's ₹2 lakh-crore boost may help India's new govt have an easy-peasy run to achieve a goal

The RBI on May 22 announced a record-high dividend transfer to the government equivalent to 0.6 per cent of GDP ( Rs 2.1 lakh) from its operations in FY24. The figure has surpassed the 0.3 per cent of GDP expected in the FY25 budget from February. Hence, the rating agency said that it will aid the authorities in meeting near-term deficit reduction goals. ....

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India's new government will be spoilt for choice with $25 billion extra in kitty

India s incoming government will be greeted with a $25 billion cheque from the central bank, giving it the option to either boost spending or narrow the fiscal deficit quicker, both of which will.
-May 24, 2024 at 01:59 am EDT
- MarketScreener ....

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RBI dividend: A win-win situation! RBI's bumper dividend will leave India's new government spoilt for choice

As India prepares for a new government by June 4, a significant Rs 2.11 lakh crore windfall awaits allocation. Options range from faster deficit reduction to increased spending. Analysts anticipate positive investor sentiment, though preferences vary between deficit reduction and expenditure. The BJP-led government s cautious approach contrasts with opposition promises ....

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India's New Government Will Be Spoilt for Choice With $25 Billion Extra in Kitty

India's New Government Will Be Spoilt for Choice With $25 Billion Extra in Kitty
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