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RBI approves record dividend of Rs 2.11 lakh crore to government for FY24 – vision mp

RBI approves record dividend of Rs 2.11 lakh crore to government for FY24

The Reserve Bank of India has approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24.

RBI approves a dividend of Rs 2.11 lakh cr to Centre, an increase of 141% YoY | Indiablooms - First Portal on Digital News Management

Reserve Bank of India on Wednesday approved a dividend of Rs 2.11 lakh crore for Central government for FY24, a significant increase of around 141 percent compared to FY23.

Budget pegs RBI, PSU banks dividend in FY25 at Rs 1.02 lakh crore

In 2023-24, the Reserve Bank of India transferred a surplus of Rs 87,416 crore to the Centre, significantly higher than what the government had expected to receive

RBI dividend to govt could have been Rs 1.2 lakh crore if not for risk buffer change

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