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  • Business

How Did RBI Give Govt Rs 87,416 Crore?

The RBI raked in a massive net income gain from foreign exchange currency sales as a buffer for the rupee during tumultuous geopolitical upheavals last year owing to Russia's invasion of Ukraine.......

Govt Expects Windfall From RBI

While the fiscal year has just begun, any windfall surplus will be welcomed by the government as it bids to meet the fiscal deficit target of 5.9 per cent of GDP, amidst lack of clarity on exactly......

Did RBI Know About Demonetization?

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership. A fascinating excerpt from Gokul Rathi's......

RBI okays transfer of Rs 99,122 cr surplus to govt

The Reserve Bank of India approved paying a higher-than-expected Rs 99,122 crore to the government as a dividend, providing cushion to the state at a time when a crippling second wave of the novel......

RBI surplus transfer to govt at 44%; lowest in 7 years

The excess reserve transfer was in line with the recommendation of former RBI governor Bimal Jalan-led panel constituted to decide the size of capital reserves that the central bank should hold.......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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