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RBI Approves Dividend Payout Of Rs 57,000 Crore To Government
- Friday August 14, 2020
- Business | Edited by Sandeep Singh (with inputs from agencies)
The Reserve Bank of India (RBI) on Friday approved an annual dividend payout of more than Rs 57,000 crore to the government. The development comes at a time when the government's fiscal deficit hit a record Rs 6.62 lakh crore in the April-June period as the coronavirus pandemic-triggered lockdown affected government's revenue collections. Fiscal de...
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www.ndtv.com/business
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Government's Budget Deficit May See RBI Resort to Direct Financing
- Wednesday July 8, 2020
- Business | Vrishti Beniwal and Anirban Nag, Bloomberg
The administration can get the Reserve Bank of India to buy sovereign bonds directly or boost dividends to help supplement revenue.
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www.ndtv.com/business
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"Seen It Only In Media": RBI Governor On Rs 30,000 Crore Reported Payout
- Friday October 4, 2019
- Business | Reported by Purva Chitnis, Edited by Debanish Achom
The Reserve Bank of India (RBI) today said the government has not dropped in any request for an interim dividend payout of Rs 30,000 crore, after the centre's recent move to cut corporate tax raised worries about a possible widening fiscal deficit, or theshortfall in the government's income compared with its spending.
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www.ndtv.com/business
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What Government Can Do With Rs 1.76 Lakh Crore Windfall From RBI
- Wednesday August 28, 2019
- Business | Siddhartha Singh and Anirban Nag, Bloomberg
Finance Minister Nirmala Sitharaman last week announced various measures to spur growth, including hastening the capital infusion into state-run lenders.
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www.ndtv.com/business
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Amid Slowing Growth, RBI's Rs 1.76 Lakh-Crore Payout To Government: 10 Points
- Tuesday August 27, 2019
- Business | Edited by Sandeep Singh
The Reserve Bank of India (RBI) on Monday approved a payout of Rs 1.76 lakh crore to the government from its surplus and reserves, after an expert committee chaired by former Governor Bimal Jalan made its recommendations to the central bank. The record transfer, including a surplus of Rs 1.23 lakh crore for 2018-19, will boost the government's fina...
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www.ndtv.com/business
-
RBI's Rs 1.76 Lakh Crore Payout To Help Government Manage Fiscal Deficit
- Tuesday August 27, 2019
- Business | Anirban Nag, Bloomberg
Finance Minister Nirmala Sitharaman last week announced various steps to spur growth including hastening capital infusion in state-run lenders even as she strives to meet a narrower fiscal gap goal of 3.3% of gross domestic product.
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www.ndtv.com/business
-
Next Government Seen Relying On RBI Rate Cuts To Spur Growth: Report
- Wednesday May 15, 2019
- Business | Thomson Reuters
The government has a fiscal deficit target of 3.4 per cent of gross domestic product for 2019-20. While the RBI is likely to be open to more policy easing, provided inflation does not surge, their impact on economic activity may be limited, given debts burdening India's state banking sector.
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www.ndtv.com/business
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RBI Gives Rs 28,000 Crore Interim Dividend To Government Before Elections
- Monday February 18, 2019
- Business | Anirban Nag and Vrishti Beniwal, Bloomberg
This is the second straight year that the RBI has announced an advance payment to Prime Minister Narendra Modi's government.
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www.ndtv.com/business
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RBI To Consider Rs 28,000 Crore Dividend To Government: Report
- Monday February 18, 2019
- Business | Anirban Nag and Vrishti Beniwal, Bloomberg
The government has, in all, budgeted Rs 74,140 crore in dividends from the RBI and the state-run lenders in the year ending March 31 and has penciled in Rs 82,910 crore for the next year.
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www.ndtv.com/business
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Shaktikanta Das Says Government To Decide On Usage Of RBI Dividend
- Thursday February 7, 2019
- Business | Indo-Asian News Service
The RBI's central board meeting will take a call on the amount of interim dividend to be paid by the bank to the government.
-
www.ndtv.com/business
-
RBI Likely To Pay Government Up To Rs 40,000 Crore Interim Dividend: Report
- Monday January 7, 2019
- Business | Thomson Reuters
The RBI could make a final decision on the dividend by the time Arun Jaitley presents the government's budget on February 1, the report said.
-
www.ndtv.com/business
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Feud Not Over, Centre To Push Governance Changes In Next RBI Meet: Report
- Monday November 26, 2018
- Business | Anirban Nag, Bloomberg
The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.
-
www.ndtv.com/business
-
RBI Dividend To Government Halves To Rs 30,659 Crore
- Friday August 11, 2017
- Business | Thomson Reuters
Analysts said the lower dividend was largely because of costs associated with government's shock action in November to remove higher-currency bills from circulation.
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www.ndtv.com/business
-
No Windfall For Government From Undeposited Old Notes, Says RBI Chief Urjit Patel
- Thursday December 8, 2016
- Business | Written by Surajit Dasgupta
The speculation has been based on the premise that the RBI's liability from notes that do not return to the banking system will be extinguished.
-
www.ndtv.com/business
-
RBI Approves Dividend Payout Of Rs 57,000 Crore To Government
- Friday August 14, 2020
- Business | Edited by Sandeep Singh (with inputs from agencies)
The Reserve Bank of India (RBI) on Friday approved an annual dividend payout of more than Rs 57,000 crore to the government. The development comes at a time when the government's fiscal deficit hit a record Rs 6.62 lakh crore in the April-June period as the coronavirus pandemic-triggered lockdown affected government's revenue collections. Fiscal de...
-
www.ndtv.com/business
-
Government's Budget Deficit May See RBI Resort to Direct Financing
- Wednesday July 8, 2020
- Business | Vrishti Beniwal and Anirban Nag, Bloomberg
The administration can get the Reserve Bank of India to buy sovereign bonds directly or boost dividends to help supplement revenue.
-
www.ndtv.com/business
-
"Seen It Only In Media": RBI Governor On Rs 30,000 Crore Reported Payout
- Friday October 4, 2019
- Business | Reported by Purva Chitnis, Edited by Debanish Achom
The Reserve Bank of India (RBI) today said the government has not dropped in any request for an interim dividend payout of Rs 30,000 crore, after the centre's recent move to cut corporate tax raised worries about a possible widening fiscal deficit, or theshortfall in the government's income compared with its spending.
-
www.ndtv.com/business
-
What Government Can Do With Rs 1.76 Lakh Crore Windfall From RBI
- Wednesday August 28, 2019
- Business | Siddhartha Singh and Anirban Nag, Bloomberg
Finance Minister Nirmala Sitharaman last week announced various measures to spur growth, including hastening the capital infusion into state-run lenders.
-
www.ndtv.com/business
-
Amid Slowing Growth, RBI's Rs 1.76 Lakh-Crore Payout To Government: 10 Points
- Tuesday August 27, 2019
- Business | Edited by Sandeep Singh
The Reserve Bank of India (RBI) on Monday approved a payout of Rs 1.76 lakh crore to the government from its surplus and reserves, after an expert committee chaired by former Governor Bimal Jalan made its recommendations to the central bank. The record transfer, including a surplus of Rs 1.23 lakh crore for 2018-19, will boost the government's fina...
-
www.ndtv.com/business
-
RBI's Rs 1.76 Lakh Crore Payout To Help Government Manage Fiscal Deficit
- Tuesday August 27, 2019
- Business | Anirban Nag, Bloomberg
Finance Minister Nirmala Sitharaman last week announced various steps to spur growth including hastening capital infusion in state-run lenders even as she strives to meet a narrower fiscal gap goal of 3.3% of gross domestic product.
-
www.ndtv.com/business
-
Next Government Seen Relying On RBI Rate Cuts To Spur Growth: Report
- Wednesday May 15, 2019
- Business | Thomson Reuters
The government has a fiscal deficit target of 3.4 per cent of gross domestic product for 2019-20. While the RBI is likely to be open to more policy easing, provided inflation does not surge, their impact on economic activity may be limited, given debts burdening India's state banking sector.
-
www.ndtv.com/business
-
RBI Gives Rs 28,000 Crore Interim Dividend To Government Before Elections
- Monday February 18, 2019
- Business | Anirban Nag and Vrishti Beniwal, Bloomberg
This is the second straight year that the RBI has announced an advance payment to Prime Minister Narendra Modi's government.
-
www.ndtv.com/business
-
RBI To Consider Rs 28,000 Crore Dividend To Government: Report
- Monday February 18, 2019
- Business | Anirban Nag and Vrishti Beniwal, Bloomberg
The government has, in all, budgeted Rs 74,140 crore in dividends from the RBI and the state-run lenders in the year ending March 31 and has penciled in Rs 82,910 crore for the next year.
-
www.ndtv.com/business
-
Shaktikanta Das Says Government To Decide On Usage Of RBI Dividend
- Thursday February 7, 2019
- Business | Indo-Asian News Service
The RBI's central board meeting will take a call on the amount of interim dividend to be paid by the bank to the government.
-
www.ndtv.com/business
-
RBI Likely To Pay Government Up To Rs 40,000 Crore Interim Dividend: Report
- Monday January 7, 2019
- Business | Thomson Reuters
The RBI could make a final decision on the dividend by the time Arun Jaitley presents the government's budget on February 1, the report said.
-
www.ndtv.com/business
-
Feud Not Over, Centre To Push Governance Changes In Next RBI Meet: Report
- Monday November 26, 2018
- Business | Anirban Nag, Bloomberg
The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.
-
www.ndtv.com/business
-
RBI Dividend To Government Halves To Rs 30,659 Crore
- Friday August 11, 2017
- Business | Thomson Reuters
Analysts said the lower dividend was largely because of costs associated with government's shock action in November to remove higher-currency bills from circulation.
-
www.ndtv.com/business
-
No Windfall For Government From Undeposited Old Notes, Says RBI Chief Urjit Patel
- Thursday December 8, 2016
- Business | Written by Surajit Dasgupta
The speculation has been based on the premise that the RBI's liability from notes that do not return to the banking system will be extinguished.
-
www.ndtv.com/business