You are here: Home » Economy & Policy » News
Kerala's cashew industry sighs in relief as govt steps in to address crisis
NBFC trouble, election uncertainty push private investment revival to 2019
Business Standard

RBI should cut buffer capital, free up cash for dividend hike: Top official

The RBI calculates its capital needs based on 'stressed value-at-risk' valuations, while the government wants the central bank to use the 'value-at-risk' figure

Topics
Government  |  Capital  |  Govt Vs Rbi

Arup Roychoudhury  |  New Delhi 



Reserve Bank of India | File Photo
Reserve Bank of India | File Photo

The finance ministry will not compromise on seeking excess from the Reserve Bank of India (RBI) and it will press it to adopt a new dividend policy when the central bank's board meets on November 19, top sources have told Business Standard.

The finance ministry seeks Rs 3.6 trillion from the central bank, but it is open to negotiating the additional surplus RBI pays apart from regular dividends.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, November 09 2018. 12:29 IST

RECOMMENDED FOR YOU

.