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RBI's record dividend payout to provide partial cushion to stressed govt finances: Experts
The all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RBI alone accounts for 91 per cent of the budgeted non-tax revenue under 'dividend/surplus of Reserve Bank of India, Nationalised Banks & Financial Institutions' head for FY27.
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newsbytesapp.com
RBI may transfer ₹2.9-3.2 trillion surplus to government
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.
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thehindubusinessline.com
India bonds rally on bets of record RBI payout
Indian bonds rise as expectations of a record RBI surplus transfer ease rate-hike fears amid economic pressures.
