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interim budget: Budget 2024: Government may set higher dividend target at Rs 70,000 crore from RBI, banks and FIs

​The current financial year estimate has already exceeded the Budget target as RBI paid a dividend of Rs 87,416 crore. With public sector banks and financial institutions posting good quarterly numbers during the current financial year, the dividend payout by them in the coming year would be higher compared to this year. So, it would be feasible to expect about Rs 70,000 crore as dividend payout from RBI and financial institutions in FY 25, sources said. ....

Nirmala Sitharaman , Union Budget , Reserve Bank , Lok Sabha , Finance Minister Nirmala Sitharaman , Nationalised Banks , Financial Institutions , Interim Budget , Dividend Target , Higher Dividend , Reserve Bank Of India , Budget 2024 , Union Budget 2024 , Interim Budget 2024 ,

Budget 2024: Govt likely to set dividend target at ₹70,000 crore from RBI, banks and FIs next fiscal

Budget 2024: Having reaped rich dividends from the Reserve Bank in the current financial year, the government will be looking forward to receiving about ₹70,000 crore from the central bank and the financial institutions (FIs) in the next financial year ....

Nirmala Sitharaman , Union Budget , Lok Sabha , Finance Minister Nirmala Sitharaman , Reserve Bank , Nationalised Banks , Financial Institutions , Budget 2024 , Dividend Target , Interim Budget , Public Sector Banks , Fiscal Deficit ,