RBI's Rs 2.11 lakh dividend provides near term support to fiscal performance: Fitch Ratings
New Delhi [India], May 27 (ANI): The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the fiscal deficit at targeted 5.1 per cent for the year 2024-25. Fitch Ratings says, the high dividend by RBI could even lower FD below the target.
"The larger-than-expected Reserve Bank of India (RBI) dividend to the government should help to ensure the 5.1% of GDP deficit target for