RBI’s Rs 2.86 lakh cr dividend draws debate; Deepak Shenoy calls payout ‘disappointing’

RBI’s record Rs 2.86 lakh crore dividend transfer to the Centre has ignited a debate over whether the central bank should have shared a larger surplus. Capital Mind CEO Deepak Shenoy questioned RBI’s decision to retain a sizable portion of profits in its Contingent Risk Buffer (CRB).

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