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Wednesday, July 24, 2024, 5:59 pm

Wednesday, July 24, 2024, 5:59 pm

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The new government should start confidently thanks to the RBI’s transfer of excess.

The new government should start confidently thanks to the RBI's transfer of excess.

    The Reserve Bank of India board’s decision to transfer a record surplus of about ₹2.11 lakh crore to the Union Government for 2023-24 will boost the new government’s budget presentation in July. The transfer, which is more than double the previous year’s 87,416 crore payout and 1.02 lakh crore dividend-cum-surplus receipts from the … Read more