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Union Budget 2019
Last Updated : Feb 01, 2019 05:14 PM IST | Source: PTI

Govt expects Rs 28,000 crore interim dividend from RBI: DEA Secy S C Garg

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

Economic Affairs Secretary S C Garg on February 1 said the government expects Rs 28,000 crore from the Reserve Bank as an interim dividend in the current fiscal.

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.
First Published on Feb 1, 2019 05:08 pm
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