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RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

The Reserve Bank on Wednesday approved the highest-ever dividend payout of Rs 2.11 lakh crore to the central government for 2023-24, a decision which will help better manage the fiscal deficit.......

RBI okays transfer of Rs 99,122 cr surplus to govt

The Reserve Bank of India approved paying a higher-than-expected Rs 99,122 crore to the government as a dividend, providing cushion to the state at a time when a crippling second wave of the novel......

RBI surplus transfer to govt at 44%; lowest in 7 years

The excess reserve transfer was in line with the recommendation of former RBI governor Bimal Jalan-led panel constituted to decide the size of capital reserves that the central bank should hold.......

RBI may drop dividend next year

The Malegam committee on the RBI’s capital adequacy had suggested that the RBI must move away from its methodology to calculate the foreign exchange gains to a weighted average cost-based......

Jalan panel for review of economic capital framework in every 5 years

It also recommended that the RBI accounting year (July-June) may be brought in sync with the fiscal year (April to March) from the financial year 2020-21 as it could reduce the need for interim......

7-yr-old Mumbai girl wins bronze at junior chess meet in UK

Mumbai girl Ahana Shah has won a bronze medal with a score of 4 points out of 5 in the Under-7 category of the 2017 Kenilworth Junior Open Rapid Chess Tournament in the United Kingdom. Ahana, a......

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News for Ecf

RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

RBI okays transfer of Rs 99,122 cr surplus to govt

RBI surplus transfer to govt at 44%; lowest in 7 years

RBI may drop dividend next year

Jalan panel for review of economic capital framework in every 5 years

7-yr-old Mumbai girl wins bronze at junior chess meet in UK

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