RBI to pay Rs 30,659 cr dividend to Govt for 2016-17
August 12th, 2017
According to the Reserve Bank of India (RBI), it will pay Rs 30,659 crore dividend to the government for the year ended June 30, less than half of what it paid in 2016. The central bank had in the previous year paid Rs 65,876 crore dividend to the government. RBI had in 2014-15 paid Rs 65,896 crore dividend and Rs 52,679 crore in the year prior to that. The dividend payout was less than Rs 33,010 crore in 2012-13.