Record Rs.2.7L-cr dividend to govt approved by RBI
New Delhi, May 24 -- The Reserve Bank of India (RBI) at the 616th meeting of its Central Board of Directors on Friday approved a record dividend payout of Rs.2.7 lakh crore to the central government for the fiscal year 2024-25, marking a 27.4% increase from the previous fiscal year.
While this is the highest dividend paid by RBI up until now, economists and analysts expected the transfer to be higher, at Rs.3 lakh crore.
The 2025-26 Union Budget has provided for Rs.2.6 lakh crore in dividend from RBI for 2024-25. The lower-than-expected transfer is on account of a revision of the Economic Capital Framework followed by RBI. P18...
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