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RBI to pay 30.6K cr dividend to govt

Press Trust of India  |  New Delhi 

The Reserve of (RBI) today said it will pay Rs 30,659 crore dividend to the for the year ended June 30, less than half of what it paid in the previous year.

The cental had in the previous year paid Rs 65,876 crore dividend to the


"The Reserve Bank's Central Board, at its meeting held today, approved the transfer of surplus to the of amounting to Rs 30,659 crore for the year ended June 30, 2017," RBI said in a statement.

It did not give reasons for paying less dividend.

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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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