Government And Reserve Bank Of India

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Explained: 5 things about RBI dividend transfer to government touching decadal low

The dividend transfer of Rs 30,307 crore is much below the government’s budgetary expectation of Rs 73,948 crore from RBI and PSU banks. Thus, it has created a shortfall of around Rs 4 3,641 crore, compared to the budgeted numbers.
Global factors will continue to impact rupee: Jamal Mecklai

Jamal Mecklai, CEO, Mecklai Financial Services says that the government and Reserve Bank of India (RBI) should have come out with a slew of measures to curtail the fall in the rupee.

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Government And Reserve Bank Of India

Explained: 5 things about RBI dividend transfer to government touching decadal low

Global factors will continue to impact rupee: Jamal Mecklai