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Explained: How RBI managed to give the highest ever Rs 2.1 lakh crore dividend payout to government
Credit: IndiaTimes- Published on May 23, 2024
The Reserve Bank of India (RBI) announced a record dividend payout of over Rs 2.1 lakh crore to the government in FY24. The payout, announced on Wednesday evening, is the result of RBI's active intervention in foreign exchange and money markets.
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