RBI set to pay record dividend to government this year
after close1 source ↓written by the desknot a recommendation
- this fiscal year
- ₹3.16 lakh crore
- year's payout
- ₹2.69 lakh crore
- than the previous
- 27% higher
The Reserve Bank of India (RBI) is poised to pay a record dividend to the government, potentially exceeding ₹3.16 lakh crore this fiscal year. This follows last year's payout of ₹2.69 lakh crore, which was 27% higher than the previous year. The decision will be finalized in the upcoming board meeting, providing a crucial fiscal cushion amid ongoing challenges.
Not investment advice. For informational purposes only.