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Shaktikanta Das | Reserve Bank of India approves Rs 2.11 lakh crore dividend payout to govt for 2023-24

Shaktikanta Das | Reserve Bank of India approves Rs 2.11 lakh crore dividend payout to govt for 2023-24
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RBI approves dividend of Rs 2.11 lakh crore to government for FY24

RBI approves dividend of Rs 2.11 lakh crore to government for FY24
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RBI Approves Highest-Ever Dividend Of ₹2.11 Lakh Crore To Govt

The Reserve Bank on Wednesday approved the highest-ever dividend payout of Rs 2.11 lakh crore to the central government for 2023-24, a decision which will help better manage the fiscal deficit. The dividend or surplus transfer by the RBI to the Centre was Rs 87,416 crore for the fiscal 2022-23. The previous high was Rs 1.76 lakh crore in 2018-19.

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