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Government Expects Rs 69,000 Crore In Dividend From RBI In 2019-20: Report

The Indian government expects the central bank to pay a dividend of Rs 69,000 crore in the next financial year beginning April 2019.

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Government Expects Rs 69,000 Crore In Dividend From RBI In 2019-20: Report

The Indian government expects the central bank to pay a dividend of Rs 69,000 crore in the next financial year beginning April 2019, a senior finance ministry source, who requested anonymity, told reporters on Tuesday.

Piyush Goyal, India's interim finance minister, in his annual budget for 2019-20 tabled in parliament last week, estimated to get Rs 82,911 crore through dividend from banks, financial institutions and the Reserve Bank of India next financial year.



(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


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