The Reserve Bank of India's record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI).
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
New Delhi [India], Aug 27 (ANI): The Communist Party of India-Marxist (CPI-M) on Tuesday condemned the manner in which the Reserve Bank of India's (RBI) reserves were being transferred to the government and profit-making public sector navaratnas like ONGC were 'fleeced' in the past to meet