RBI approves Rs 2.11 lakh crore dividend transfer to govt of India: Here’s how RBI generates surplus and transfers dividend to Centre
On the 22nd of May, the Reserve Bank of India (RBI) declared a record dividend of Rs 2.11 lakh crore to the Government of India for fiscal year 2023-24. It was announced at the 608th meeting of the Reserve Bank of India’s Central Board of Directors, held today in Mumbai, chaired by Governor Shaktikanta Das. The RBI’s dividend … Read more