Stay updated with breaking news from Contingency Risk Buffer. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reserve Bank of India (RBI) on May 20, 2022 said its board has approved a dividend payment of Rs 30,307 crore to the government for the financial year that ended in March 2022. The board approved the transfer of Rs 30,307 crore as surplus to the central government for the accounting year 2021-22 while deciding…
The Central Board of Directors of RBI approved the payment of Rs 30,307 crore dividend to the central government.
The central bank has also decided to maintain the contingency risk buffer at 5.50 per cent.
RBI board approves dividend payment of Rs 30,307 cr to govt for FY22
Reserve Bank of India (RBI) on Friday said its board has approved a dividend payment of Rs 30,307 crore to the government for the financial ended March 2022.