Followers

Sunday, May 26, 2024

How RBI’s record Rs 2.1 lakh crore dividend payout to government may help improve India’s credit rating

Several factors could have contributed to the record profit, including the significant increase in interest rates in the United States, where the RBI invests a substantial portion of its $644 billion foreign exchange reserves (Rs 54 lakh crore).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NSVtJbF

No comments:

Post a Comment

Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...