Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 01, 2019

Centre Expects Rs 28,000 Crore Interim Dividend From RBI, Says Official

Centre Expects Rs 28,000 Crore Interim Dividend From RBI, Says Official
The decision with regard to interim dividend will be taken in the next board meeting.

Economic Affairs Secretary S C Garg on Friday said the government expects Rs 28,000 crore from the Reserve Bank as an interim dividend in the current fiscal. 

The government has already received Rs 40,000 crore from the Reserve Bank of India during 2018-19, Mr Garg told reporters in the post Budget interaction here. When asked how much interim dividend the government expects from the RBI, he said, "Rs 28,000 crore". The decision with regard to interim dividend will be taken in the next board meeting.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search