Dividend Dilemma: RBI's 2.11 Lakh Crore Transfer To Government Opens Up An Old Debate
According to reports, compared to the previous fiscal, when the dividend transfer by the RBI to the Centre was Rs 87,416 crore, this time around, the dividend is about 141 per cent higher than what was earmarked for the government. Previously, in 2019, the RBI surplus made major headlines when the central bank transferred Rs 1.76 lakh crore to the government.