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RBI’s dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya Banerjee

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RBI’s dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya Banerjee

Mumbai (Maharashtra) [India], May 28 (ANI): The Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance sheet at a time when rising global energy prices and prolonged geopolitical tensions are putting pressure on India's fiscal position, according to Anindya Banerjee, Head of Commodities and Currency Research at Kotak…

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