Home >Industry >Banking >Govt expects additional dividend from RBI before 31 March: official
There have been media reports that the RBI might pay an extra Rs10,000 crore  as interim dividend to the government for the fiscal year ending March 2018.
There have been media reports that the RBI might pay an extra Rs10,000 crore as interim dividend to the government for the fiscal year ending March 2018.

Govt expects additional dividend from RBI before 31 March: official

Secretary of department of economic affairs Subhash Chandra Garg says government is expecting an additional dividend from the Reserve Bank of India (RBI) before 31 March

New Delhi: The Indian government is expecting an additional dividend from the Reserve Bank of India (RBI) before 31 March, secretary of department of economic affairs Subhash Chandra Garg told reporters on Wednesday.

There have been media reports that the central bank might pay an extra Rs10,000 crore ($1.54 billion) as interim dividend to the government for the fiscal year ending March 2018, though Garg declined to give further details. Reuters

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