RBI as a model central bank financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24).
The RBI s dollar purchases increased in FY24, supported by robust capital inflows endorsing the economy s health.
RBI s Central Board approves ₹2 11-lakh crore surplus bonanza to the Govt thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
India News: MUMBAI: Terming concerns on low voter turnout in the first two phases of 2024 general elections a "myth", an economist at the country's largest lender.