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RBI transfers Rs 87,416 cr dividend to govt; Rs 40,000 cr more than expected

RBI transfers Rs 87,416 cr dividend to govt; Rs 40,000 cr more than expected

May 20, 2023, at 05:42 am

Mumbai: The central board of directors of the Reserve Bank of India (RBI) has given its approval for the transfer of Rs 87,416 crore as a dividend to the Centre, media reports said.