US EditionAhead Of RBI Announcement, Economists Peg Surplus Transfer At Record Rs 2.5-3.5 Lakh Crore
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Ahead Of RBI Announcement, Economists Peg Surplus Transfer At Record Rs 2.5-3.5 Lakh Crore
Economists peg the Reserve Bank of India's surplus transfer at a fresh record high, led by the central bank's earnings on foreign exchange transactions. On Thursday, the RBI Central Board reviewed the Economic Capital Framework, according to an official notification. The meet comes ahead of deciding and approving the surplus transfer to the government, expected to range between Rs 2.5 lakh crore to Rs 3.5 lakh crore. This is compared to a previo…
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