RBI may pay govt up to â¹40,000 crore interim dividend: Report
The RBI may reportedly transfer an interim dividend of â¹30,000-â¹40,000 crore to the government by March. Final decision on the dividend could reportedly be taken by the time Finance Minister Arun Jaitley presents government's budget on February 1. The funds are crucial to meet the fiscal deficit target of 3.3% of the GDP for the financial year ending in March.