The Reserve Bank of India’s surplus transfer to the government for the last fiscal year is projected to reach ₹3 lakh crore, exceeding earlier estimates. This surge is attributed to robust dollar sales, increased foreign exchange gains, and higher interest income. The substantial dividend could help the Centre reduce its fiscal deficit and inject liquidity into the banking system.
How can retail investors benefit from gold and silver ETFs?
Gold and silver prices have recently surged, attracting retail investors. Now, investing in these precious metals is possible through mutual funds. Gold and silver ETFs