The RBI board on 26th August 2019, in its meeting, accepted the recommendation of a high-level panel headed by its former Governor Bimal Jalan. The board has decided to transfer a whopping  ₹1.76 lakh crore to the Central Government. This will include the interim dividend of ₹28,000 crore paid in February. The move is likely to address the uncertain fiscal situation of the government to a great extent. The ₹1.76Read More