INSUBCONTINENT EXCLUSIVE:
Shaktikanta Das on Monday said central bank will announce a decision on giving interim dividend to government once such a final view is
The government has already said it will seek interim dividend from RBI in order to maintain its fiscal deficit of 3.3 per cent of GDP for
Last fiscal, RBI paid an interim dividend of Rs 10,000 crore to central government
Das said.Last month, Economic Affairs Secretary Subhash Chandra Garg had said government will seek interim dividend from Reserve Bank of
India (RBI).As per Budget Estimate, government projected to collect Rs 54,817.25 crore as dividend or Surplus of Reserve Bank of India,
current fiscal while Rs 10,000 crore was paid as interim dividend in last financial year (2017-18).In all, RBI paid a dividend of Rs 50,000
