RBI cuts FY22 dividend payout to Centre to ₹30,307 crore
The Reserve Bank of India [RBI] on May 20 said its board had approved the transfer of ₹30,307 crore as surplus to the Union government for the fiscal year 2021-22, while deciding to maintain the Contingency Risk Buffer at 5.5%. The RBI had previously transferred ₹99,122 crore for the nine months ended March 31, 2021 (July […]
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