The Reserve Bank of India (RBI) will pay Rs 10,000 crore dividend to the government. According to official sources, the government receive d the RBI decision on interim dividend payment. The dividend would be paid this month, sources said on Thursday.
The amount has been calculated for 6 months through December 31. RBI’s financial year runs from July to June.
RBI had earlier declined requests from the government for an additional payment after the dividend payout dropped to a 5-year low.