New Delhi, May 7 -- The Reserve Bank of India (RBI) is expected to transfer a dividend of around Rs.2.5-3 lakh crore to the government this month - significantly higher than last year's payout - mainly due to substantial profits from its interventions in the currency markets to arrest the fall of the rupee in FY25, according to economists.
Accord to a Business Standard report, the economist said the Central bank's repo operations likely contributed to the bumper windfall as well.
The central bank annually pays out a surplus to the government, drawn from income generated through investments, valuation gains on its dollar reserves, and fees from printing currency.
This amount is determined after accounting for provisioning for bad loans,...
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