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  • Surplus Transfer

Surplus Transfer

RBI Approves Record ₹2.86 Lakh Crore Surplus Transfer to Government
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RBI Approves Record ₹2.86 Lakh Crore Surplus Transfer to Government

Business News Desk3 weeks ago3 weeks ago03 mins

The Reserve Bank of India (RBI) Central Board of Directors officially approved the transfer of a record ₹2.86 lakh crore as surplus to the Government of India for the fiscal year 2023-24. The decision, finalized during the 608th meeting of the Central Board held in Mumbai, marks the highest-ever dividend payout in the central bank’s…

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