₹99,122 crore as dividend for FY21 and has already bought ₹1 trillion worth of bonds under its government securities acquisition programme (GSAP) in just two months.Economists expect the central bank to increase its bond buying programme further.“The next GSAP tranche for the rest of 2Q21 as well as providing an indicative GSAP scale for 3Q21 might be announced this week," wrote analysts at DBS Bank in a note.There is another cost to pumping money into the economy.
Retail inflation is slowly climbing and had reached 4.29% in April. The global commodity price boom is showing its effect on input prices at home and surging fuel prices are adding to this fire.