ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

RBI to pay Rs 28,000 crore as interim dividend to government

The Reserve Bank on Monday said it will give Rs 28,000 crore to the government as interim dividend. The decision was taken at the meeting of the RBI's Central Board here.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
RBI to pay Rs 28,000 crore as interim dividend to government
The Reserve Bank on Monday said it will give Rs 28,000 crore to the government as interim dividend. Image source: Reuters

The Reserve Bank on Monday said it will give Rs 28,000 crore to the government as interim dividend. The decision was taken at the meeting of the RBI's Central Board here.

"Based on a limited audit review and after applying the extant economic capital framework, the Board decided to transfer an interim surplus of Rs 280 billion to the central government for the half-year ended December 31, 2018," the central bank said in a statement. 

This is the second successive year that the Reserve Bank will be transfering an interim surplus.

Earlier, Finance Minister Arun Jaitley addressed the post-Budget meeting of the Central Board. Jaitley in his address broadly outlined the various reforms and policy measures taken by the government over the last four years and the effects thereof.

 

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Reserve Bank of India (RBI)
Written By: PTI
Updated: Mon, Feb 18, 2019
07:04 pm
PTI
RELATED NEWS
EMIs on loans likely to rise as this public sector bank hikes lending rate by up to 0.35% EMIs on loans likely to rise as this public sector bank hikes lending rate by up to 0.35%
Govt to release first advance economic growth estimates for FY23 today Govt to release first advance economic growth estimates for FY23 today
Frontloaded monetary policy actions to bring inflation further under control: RBI report Frontloaded monetary policy actions to bring inflation further under control: RBI report

LATEST NEWS

Anil Singhvi strategy for February 3: Key market triggers, important levels to track in Nifty50, Nifty Bank

Closing Bell: Sensex surges 900 points, Nifty over 240 points as banks take control of D-Street

DIVIDEND STOCK: Tide, Pampers maker announces 800% dividend - check ex date, record date and payment date

Govt expects 'fabulous' response to revamped I-T regime: CBDT chief

Traders' Diary: Buy, sell or hold strategy on ICICI Bank, TCS, Wipro, Birlasoft, IndusInd Bank, 15 other stocks today

Meta share price rockets 24% - here is why

Budget 2023: Electronic components industry body demands extension of duty concession on camera lens to other segments

Delhi temperature, weather forecast today: Met department predicts clear sky in national capital; air quality moderate

Apple crosses 2 billion active devices, sets all-time sales record in India | Here's what Tim Cook has to say on retail store

Vedanta share price falls 5%; check dividend record date and payment date

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV