Central Bank’s Payout To Government Bypasses RBI Act
While the RBI has agreed to transfer a record sum of 1.7 lakh crore to the Central Government but there is no provision in the RBI Act that allows the Central Bank to do so.
While the RBI has agreed to transfer a record sum of 1.7 lakh crore to the Central Government but there is no provision in the RBI Act that allows the Central Bank to do so.
