How RBI’s record Rs 2.1 lakh crore dividend payout to government may help improve India’s credit rating - Qoneqt
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    Rohit Bajirao Deore in India

    26 May 01:00 PM


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    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).