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Shaktikanta Das-led RBI gives $4billion to Modi government

Shaktikanta Das-led RBI gives $4billion to Modi government

Quartz - Nupur Anand

India’s central bank has decided to write an early cheque to the government to help prevent its budget shortfall from widening, even as it opens its coffers to fund pre-election sops. On Feb. 18, the Reserve Bank of India (RBI) said it will transfer Rs28,000 crore ($4 billion) to the government as …

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