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Friday, January 10, 2020

Revenue Shortfall: After transferring Rs 1.4 lakh crore, govt may seek interim dividend from RBI

Revenue Shortfall: After transferring Rs 1.4 lakh crore, govt may seek interim dividend from RBI
“That option (asking RBI for an interim dividend) is on the table. A decision will be made shortly,” a senior government official told FE. In such a case, the central board of the Reserve Bank of India could consider the government's request in the customary post-Budget meeting with the finance minister, said the official.

Source: TFE