Motilal Oswal
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Motilal Oswal
Business

RBI board decides to transfer interim surplus of Rs 28,000 crore to government

Updated : February 19, 2019 06:50 AM IST

The RBI, which follows July-June financial year, has already transferred Rs 40,000 crore in the current fiscal.
The government has projected to mobilise Rs 82,911.56 crore as dividend or surplus from the RBI, nationalised banks and financial institutions during 2019-20.
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