Govt expects Rs 28,000 cr interim dividend from RBI: DEA Secretary S C Garg

When asked how much interim dividend the government expects from the RBI, DEA Secy Garg said, 'Rs 28,000 crore'

rbi, budget 2019, interim dividend, rbi interim dividend, Reserve Bank of India, Subhash Chandra Garg, rbi reserves, rbi vs govt, rbi board meeting, s c garg, economy news
Economic Affairs Secretary Subash Garg
Press Trust of India New Delhi
Last Updated : Feb 01 2019 | 5:28 PM IST

Economic Affairs Secretary Subhash Chandra Garg Friday said the government expects Rs 28,000 crore from the Reserve Bank of India (RBI) as an interim dividend in the current financial year.

The government has already received Rs 40,000 crore from the Reserve Bank of India during 2018-19, Garg told reporters in the post Budget interaction.

When asked how much interim dividend the government expects from the RBI, he said, "Rs 28,000 crore".

The decision with regard to interim dividend will be taken in the next board meeting.

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First Published: Feb 01 2019 | 4:10 PM IST

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