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RBI announces record Rs 2.87 lakh crore dividend payout to Centre, surplus transfer rises again
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The Reserve Bank of India has announced a record Rs 2.87 lakh crore dividend payout to the government for FY26, significantly boosting fiscal space amidst global uncertainties. This substantial transfer, a notable increase from previous years, reflects the central bank's robust financial performance and expanding balance sheet. The decision was made at the RBI Central Board's recent meeting. What's Your Reaction?
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