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RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya Banerjee
The Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance sheet at a time when rising global energy prices and prolonged geopolitical tensions are putting pressure on India's fiscal position, according to Anindya Banerjee, Head of Commodities and Currency Research at Kotak Securities.
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economictimes.indiatimes.com
RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya Banerjee
The Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance sheet at a time when rising global energy…
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theprint.in
RBI paid record dividend from currency gains, annual report says
The central bank transfered a record Rs 2.87 trillion ($30.1 billion) as dividend to the govt, compared with last year’s Rs 2.69 trillion.