RBI to pay Rs. 30659 crore dividend to the Government

New Delhi, Aug 11: An approval was granted yesterday. The Reserve Bank of India (RBI) yesterday has said that "it will pay Rs 30,659 crore dividend to the government for the year ended June 30. Sources say that the amount paid in this year is less than half of the amount paid previous year. RBI in 2016 has paid Rs 65,876 crore dividend to the government.



The central board yesterday at its meeting held yesterday has approved the transfer of surplus to the Government of India. However, the banks didn't give any reasons for paying less dividend.RBI had in 2014-15 paid a dividend of Rs. 65,896 crore. Rs.52,679 crore dividend was paid by RBI in the year 2013-14.