Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Govt pegs dividend from RBI, banks at ₹82,900 crore for FY20
short by Shruti Maria Mahendar / on Friday, 1 February, 2019
Finance Minister Piyush Goyal on Friday said the government estimated getting ₹82,912 crore by way of dividend from the banks, financial institutions and the RBI in 2019-20. The dividends to the government for FY19 has been revised to ₹74,140 crore from ₹54,817 crore. Goyal further said he expects banks under RBI's corrective action framework to be removed soon.
read more at Reuters