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Business News

Feb 19, 2019
2:33PM

RBI to give Rs 28,000 cr to Centre as dividend

PIB
The Reserve Bank has announced that it will transfer an interim surplus of 28,000 crore rupees to the central government for the half-year ended 31st December 2018.

In a statement, the RBI said the decision has been based on a limited audit review and after applying the extant economic capital framework.

The decision follows the RBI Board meeting held in New Delhi, yesterday. Finance Minister Arun Jaitley addressed the board. Apart from RBI Governor Shaktikanta Das, all the four deputy governors and others attended the meeting.

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