Reserve Bank of India (RBI) Governor Shaktikanta Das chaired a meeting of the sub-committee of the Financial Stability and Development Council. In the meeting, major developments in the global and domestic economy as well as in various segments of the financial system were reviewed.
Reserve Bank of India Governor Shaktikanta Das chaired a meeting of the sub-committee of the Financial Stability and Development Council, in which major developments in the global and domestic economy as well as in various segments of the financial system were reviewed
Get latest articles and stories on India at LatestLY. A Sub-Committee of the Financial Stability and Development Council (FSDC-SC) on Tuesday reviewed the prevailing global macroeconomic situation and resolved to remain vigilant and proactive to ensure financial sector stability. India News | FSDC Sub-committee Reviews Global Economic Situation.
Security Printing and Minting Corporation of India Limited (SPMCIL), under its modernisation initiatives, has set up new bank note printing lines each at Currency Note Press, Nashik and Bank Note Press, Dewas.Meera Swarup, Special Secretary .
SPMCIL pays Rs 215.48 crore dividend to govt
By IANS |
Published on
Thu, Jan 14 2021 20:06 IST |
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Rupees.. Image Source: IANS News
New Delhi, Jan 14 : The Security Printing and Minting Corporation of India Ltd (SPMCIL) has paid a final dividend of Rs 215.48 crore to the government for financial year 2019-20, being 5 per cent of net worth of the company as at March 31, 2020, in compliance of DIPAM guidelines.
The payout is 41 per cent of the net profit of the miniratna company that functions under the administrative control of the Department of Economic Affairs.
The dividend cheque was presented to Finance Minister Nirmala Sitharaman by SPMCIL Chairman and Managing Director Tripti P. Ghosh, along with Director (Technical) Ajai Kumar Srivastav, in presence of Economic Affairs Secretary Tarun Bajaj, and Senior Economic Advisor (C&C), DEA, Dr. Shashank Saksena.