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RBI's dividend transfer may ease deposit rates if govt spends it: Ind-Ra

By Economic Times - 5 months ago
India Ratings and Research (Ind-Ra) stated that the RBI's Rs 2.11 lakh crore dividend transfer will likely ease liquidity pressure and lower deposit rates in the banking system if the government spends it. The substantial dividend will strengthen the central government's fiscal position, potentially leading to additional spending or fiscal consolidation.

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