India To Get Rating Support If It Uses RBI Dividend To Reduce Fiscal Deficit: S&P Analyst
Mumbai: India can get ‘rating support’ over time if it utilises the highest-ever dividend of over Rs 2 lakh crore received from the Reserve Bank to reduce fiscal deficit, said an S&P Global Rating analyst on Thursday. The RBI board has decided to pay a record Rs 2.1 lakh crore dividend to the government for…
