MUMBAI (Reuters) - The Reserve Bank of India said on Thursday its board approved the transfer of 330.10 billion rupees dividend or surplus profit to the government for the accounting year ended June 30, 2013.
Market participants had expected a dividend payout of 330-350 billion rupees. The RBI follows a July to June accounting year. In the previous year, it paid a dividend of 160.10 billion rupees.
(Reporting by Shamik Paul; Editing by Subhranshu Sahu)