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Opinion

The hidden factor influencing RBI’s dividend payout to the government

The hidden factor influencing RBI’s dividend payout to the government
The hidden factor influencing RBI’s dividend payout to the government
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Synopsis

There is much speculation about just how much dividend the RBI will send to Delhi. A critical part of the answer is in the central bank’s foreign bond holdings.

It is that time of the year when every investor is looking for dividends from shareholdings. But what the lone shareholder of the Reserve Bank of India (RBI) gets this year by way of dividend is being keenly watched, not only by officials in the North Block, but also by economists. While the central bank’s payout to the government used to be a non-event in the past, it suddenly gained prominence a few years ago when some charged New Delhi of
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The Economic Times