RBI’s Rs 2.11 lakh dividend provides near term support to fiscal performance: Fitch Ratings
RBI’s Rs 2.11 lakh dividend provides near term support to fiscal performance: Fitch Ratings
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 the fiscal year ending March 2025 (FY25) will be met and could be used to lower the deficit beyond the current target.