RBI approves record dividend of Rs 2.11 lakh crore to government for FY24 – vision mp visionmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visionmp.com Daily Mail and Mail on Sunday newspapers.
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.
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
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