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The Reserve Bank of India s income rose 15% last fiscal due to higher interest income from bond holdings and a sharp drop in provisions transferred to the Contingency Fund, enabling a record dividend payment to the central government. ....
Sharp drop in provisions helped RBI transfer bumper dividend to RBI indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
RBI's higher dividend payments might continue in FY25: SBI report | Indiablooms - First Portal on Digital News Management indiablooms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiablooms.com Daily Mail and Mail on Sunday newspapers.
The Indian central bank transferred a larger-than-expected dividend of Rs 87,416 crore to the central government for 2022-23. However, data in the RBI s annual report shows it could have been even larger ....
The RBI s dividend to the central government exceeded the 2023-24 budget estimate by 82 percent, likely on the back of huge foreign exchange gains ....