India central bank’s record dividend to government may reduce fiscal gap

India central bank’s record dividend to government may reduce fiscal gap

May 22, 2024 / Riah Marton /



THE board of India’s central bank approved a record surplus transfer of 2.11 trillion rupees (S$34.1 billion) to the government for the fiscal year that ended in March, sharply above analysts’ and government projections.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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