RBI approves ₹2.11-lakh crore surplus bonanza to Govt for FY24
The Reserve Bank of India’s central board of directors, on Wednesday, declared a bonanza to the Central Government, approving a massive, all-time high surplus transfer of ₹2,10,874 crore for FY24. This bumper surplus transfer could help the government either borrow less in FY25 or step up capital expenditure. If the government borrows less, government security …
