The Reserve Bank of India is set to transfer a record surplus to the government this fiscal year, but economists believe it won't suffice to meet the fiscal deficit target.

Economists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh crore to Rs 3 lakh crore. In the FY27 Union…

India’s central bank may transfer a record surplus of nearly 3 trillion rupees ($31.2 billion) this week to the government, economists estimated, providing Asia’s t…