RBI's Rs 2.7 lakh crore bumper dividend to ease India's fiscal position: SBI

The Reserve Bank of India's (RBI) substantial dividend payout of Rs 2.7 lakh crore is poised to alleviate the government's fiscal burden. This move is expected to stimulate economic expansion. The surplus transfer surpasses budget estimates. It provides the government with increased financial maneuverability. This flexibility could lead to a reduction in the fiscal deficit.

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