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Reserve Bank approves dividend of Rs 2.11 lakh crore for the Centre, decision in the 608th meeting of the board
Reserve Bank: The central bank's board of directors deliberated on the global and domestic economic outlook, including risks to the outlook, during the 608th meeting of the central board held on Wednesday in Mumbai. During this, the Board decided to transfer the surplus of Rs 2,10,874 crore to the government.
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“Reserve Bank approves dividend of Rs 2.11 lakh crore for the Centre, decision in the 608th meeting of the board”
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22 May 2024
The Reserve Bank of India at its meeting on Wednesday approved a dividend of Rs 2.11 lakh crore for the central government for FY24, which is about 141 per cent higher than FY23. In FY23, the central bank had transferred ₹87,416 crore as surplus to the Centre.
The central bank's board of directors deliberated on the global and domestic economic outlook, including risks to the outlook, during the 608th meeting of the central board held on Wednesday in Mumbai. The board decided to transfer the surplus of Rs 2,10,874 crore to the government.
The Reserve Bank of India's Governor, Shaktikanta Das, presided over the 608th meeting of the Central Board of Directors, which took place in Mumbai today.
