RBI Approves Rs 2.11 Lakh Crore Dividend Payout to Centre for FY24, Up 140% YoY
The Reserve Bank of India (RBI) approved a substantial dividend payout of Rs 2.11 lakh crore to the central government for the financial year 2023-24, more than double the Rs 87,416 crore transferred in 2022-23. This decision was taken at the 608th meeting of the Central Board of Directors of the RBI, chaired by Governor…