ADVERTISEMENTREMOVE AD
Members Only
lock close icon

RBI’s Surplus Transfer to Centre: What are the Pros and the Cons?

What is the Maths of the RBI’s surplus transfer to the Centre and what are the pros and cons of this move? Tune in!

Published
Podcast
1 min read
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female

On August 26, the RBI approved the transfer of a record sum of Rs 1.76 lakh crores worth dividend and surplus reserves to the government. It has made headlines as the amount has never been so great, more than double the usual.

Where is this surplus money coming from? Where is it going? If those are your questions, tune in to The Big Story where we dive deep into the Mathematics of the surplus transfer, explain why the sum is higher than usual for FY 2019-20, and the pros and the cons of the move.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from podcast

Topics:  The Big Story 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×