Skip to main content

RBI transfer raises more concerns on independence

The RBI’s announcement this week that it would transfer a record dividend to the finance ministry this year has a number of important implications. On a positive note, it will help to strengthen the fiscal position. But the more worrying impact from the bumper payment is what it signals about the independence of the central bank.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access