Rbi Dividend

Windfall of Rs 1.76 lakh cr from RBI to give govt ammunition to fight slowdown, boost capex, say experts

A record windfall from the RBI under Governor Shaktikanta Das to the tune of Rs 1.76 lakh crore -- higher than the aggregate dividend paid out by the central bank in previous three years -- will give the Modi government ammunition to fight an ever-widening slowdown in the economy by spurring investment and giving sectoral stimulus

Finance Ministry expects Rs 69,000 cr in dividend from RBI in 2019-20; central bank has transferred Rs 40,000 cr this fiscal

The receipt from various sources, including RBI dividend, helps government meet fiscal deficit target.

RBI rejects govt's demand for additional Rs 13,000-cr dividend given under transfer of surplus norm: Report

Last year, fall in RBI’s dividend to govt was widely attributed to increased cost of printing new Rs 2,000 and Rs 500 currency notes

RBI dividend to govt at Rs 30,659 cr less than half of last year's as demonetisation costs bite

The lower RBI dividend was because of costs associated with the demonetisation, like that for printing of new notes and the entire procedure