RBI board approves transfer of Rs 30,307 crore as dividend to government for FY22 - Moneycontrol


5/20/2022 12:00:00 AM2 years 11 months ago
by Siddharth Upasani

As per the Budget, the government had expected to receive Rs 73,948 crore in dividend from the central bank and state-run lenders in FY23.

The Reserve Bank of India's (RBI) Central Board of Directors on May 20 approved the transfer of Rs 30,307 crore as surplus to the Centre for FY22. The board also decided to maintain the Contingency … [+2210 chars]

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