RBI caps bank dividend payouts at up to 75% of profit

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at...

RBI invites comments on draft rules for dividend payout by banks

The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on...

Govt will have extra Rs 0.8 trn for capex in FY26

The central government has extra space in the fiscal deficit to push up expenditure by at least Rs. 0.8 trillion in...

Fiscal deficit of govt to ease by 20 to 30 bps to 4.2% of GDP

The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 per...

Rural economy is driving India's growth

The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban areas largely due...

April-June 24 figure suggest fiscal deficit reduced to Rs 1.4 tn

India's fiscal deficit reduced to Rs 1.4 trillion during April-June 2024, down from Rs 4.5 trillion reported in the...

Expect high dividend payments by RBI to government to continue

After having paid an unexpectedly high dividend to the central government by the RBI last financial year, it is now...

RBI's dividend of Rs 2.11 lakh crore will be booster to govt.

The fiscal deficit of the government to reduce by 30-40 basis points from the budgeted level of 5.1 per cent of GDP,...

RBI likely to transfer Rs 1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25...

RBI board approves Rs 30,307 cr dividend payment to government

Mumbai (Maharashtra) [India], May 20 (ANI): The Central Board of Directors of the Reserve Bank of India on Friday...