The distribution of Reserve Bank of India profits

The Reserve Bank of India committed an unprecedented level of profits to the government of India in late May 2024, but the people of India would have been better off if the Central bank of the country had redirected its capital and reserves to the banking system, writes Romar Correa.
The distribution of Reserve Bank of India profits
Romar Correa

Romar Correa is an independent scholar based in Mumbai. He can be reached at romarcorrea10@gmail.com

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