RBI approves dividend of Rs 2.11 lakh cr to Govt

Card image cap

the reserve bank of india will pay a record rs 2.1 lakh crore dividend to the government for the fiscal ended on march 31, more than double of what was budgeted expectation, helping shore up revenue ahead of a new government taking office. the rbi board, at its meeting on wednesday, approved the transfer of surplus, the central bank said in a statement. the government had budgeted a receipt of rs 1.02 lakh crore as dividends from the rbi, public sector banks and financial institutions in the interim budget

Related Keywords

Mumbai , Maharashtra , India , Shaktikanta Das , , Interim Budget , Central Board , Reserve Bank , Governor Shaktikanta , Central Government , Annual Report , Financial Statements , Contingent Risk Buffer , Economic Capital Framework , Bimal Jalan Headed ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.