Mumbai, May 18 -- India's macroeconomic trajectory is most likely to remain heavily insulated against escalating geopolitical turmoil, said ex-banker K K Gupta on Monday.

Gupta, former General Manager (Credit), Central Bank of India, Central Office, Mumbai, while speaking to ANI, said this is possible because the Indian economy is fortified by an anticipated multi-billion-rupee dividend windfall from public financial institutions and a solid external buffer.

Speaking on the dividend the Union government is likely to receive from the Reserve Bank of India (RBI), Gupta said that the Union Budget has aggressively pegged total institutional dividend inflows at Rs 3.61 lakh crore, a significant step up from the Rs 2.69 lakh crore delivered s...