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The current financial year estimate has already exceeded the Budget target as RBI paid a dividend of Rs 87,416 crore. With public sector banks and financial institutions posting good quarterly numbers during the current financial year, the dividend payout by them in the coming year would be higher compared to this year. So, it would be feasible to expect about Rs 70,000 crore as dividend payout from RBI and financial institutions in FY 25, sources said.
Budget 2024: Having reaped rich dividends from the Reserve Bank in the current financial year, the government will be looking forward to receiving about ₹70,000 crore from the central bank and the financial institutions (FIs) in the next financial year
TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITEDLEI: 549300P9Q5O2B3RDNF78 Interim Management Report and Unaudited Condensed Interim Financial Statements For the period from 1 October 2022 to. | June 13, 2023