Mint Quick Edit | RBI's surprise surplus transfer: Use it wisely
The Reserve Bank of India decided to transfer a record surplus of ₹2.11 trillion to the government for 2023-24 even after raising its contingent buffer. Whatever led to the bonanza, the Centre should use it to reduce the fiscal deficit.
The Reserve Bank of India decided to transfer a record surplus of ₹2.11 trillion to the government for 2023-24 even after raising its contingent buffer. Whatever led to the bonanza, the Centre should use it to reduce the fiscal deficit.