How RBI’s record Rs 2.1 lakh crore dividend payout to government may help improve India’s credit rating

Several factors could have contributed to the record profit, including the significant increase in interest rates in the United States, where the RBI invests a substantial portion of its $644 billion foreign exchange reserves (Rs 54 lakh crore).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sZXGe2c

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