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2 mins read
RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!
The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …
PTI
2 mins read
RBI likely to transfer ₹1 trillion to government in FY25
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…
ANI
2 mins read
Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …
ANI
2 mins read
Rupee rises 12 paise to 83.17 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.26 and gained further gro…
PTI
2 mins read
Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…
PTI
2 mins read
Indian markets open flat, experts raise concern on overvaluation of small, midcap stocks
Indian markets opened flat on Thursday with the Nifty index starting at 22,614 points and the Sense…
ANI
3 mins read
India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
"That's why I said 6 per cent growth. If you think that's about what we are right now, take away th…
PTI
2 mins read
RBI approves Rs 87,416 cr dividend payout to the government for 2022-23
The Reserve Bank of India (RBI) approved a dividend payout of Rs 87,416 crore to the central govern…
2 mins read
Rupee jumps 18 paise to close at 83.11 against US dollar
The rupee rallied for the fourth consecutive trading session on Friday and appreciated by 18 paise …
PTI
3 mins read
RBI’s gold holdings jump over 17% to a whopping ₹2,30,734 crore
Higher prices may have curbed gold imports but a closer look at the Reserve Bank of India’s annual …
1 min read
RBI’s annual surplus to the government this year is only one-third of what it was last year
In 2019, the RBI allocated a record ₹1,76,000 crore ($23.5 billion), which was mostly made up of…
3 mins read
India's economic narrative brighter; takes charismatic lead in global economic evolution: K M Birla
"With a government-led push to infrastructure investments and pragmatic policies such as the pr…
PTI
1 min read
RBI bans banks, cooperatives from paying dividends
"In this regard in view of the Covid-19-related economic shocks, commercial banks and cooperative …
PTI
2 mins read
A big handout from the RBI could help the Indian government meet its fiscal deficit target
The RBI mainly earns its revenue through the interest on bond-holdings and the sale of gov…
2 mins read
Interim dividend issue may come up in next RBI's board meeting
New Delhi, Jan 19 () The issue of interim dividend may come up for discussion in the next Reserve B…
PTI
2 mins read
RBI may bump up dividend to help Modi fund the generous budget sops
This figure reportedly includes allocations from the previous fiscal years that the govern…
3 mins read
India’s government wants to dilute an important corrective programme for the nation’s struggling lenders — and the central bank is having none of it
The Reserve Bank of India (RBI) and the central government are in the midst of a very public confro…
3 mins read
RBI plans to tighten scrutiny of large NBFCs by upgrading its regulatory policies
"This regulatory regime based on the principle of proportionality warrants a review. It is felt…
PTI
3 mins read
An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week
After initially refusing to loosen restrictions under the framework, it appears that the RBI m…
3 mins read
With a new governor in place, India’s government looks likely to get a payout from the central bank before the end of financial year
The Indian government’s difficulty in meeting its fiscal deficit target, at 3.3% of GDP, for the cu…