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Govt to get Rs 87,416 crore dividend from RBI

The Reserve Bank on India (RBI) on Friday approved Rs 87,416-crore dividend payout to the Central government for 2022-23, nearly triple of what it paid in the previous year. ....

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India central bank surplus transfer to govt surges in FY23, but lags market expectations

The Reserve Bank of India's (RBI) board on Friday approved a surplus transfer of 874.16 billion rupees ($10.69 billion) to the government for the fiscal year ended March 31, less than the market estimate of at least 1 trillion rupees. ....

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India central bank surplus transfer to govt surges in FY23, but lags expectations - Business & Finance

MUMBAI: The Reserve Bank of India’s (RBI) board, on Friday, approved a surplus transfer of 874.16 billion rupees. ....

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RBI dividend: Govt gets Rs 40,000 crore bonus despite RBI saving more for a rainy day

The RBI s dividend to the central government exceeded the 2023-24 budget estimate by 82 percent, likely on the back of huge foreign exchange gains ....

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RBI board approves transfer of Rs 87,416 crore as dividend to govt for 2022-23

According to the Budget announcement, the government had expected to receive Rs 48,000 crore in dividend from the central bank and state-owned lenders in 2022-23 ....

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