Finmin seeks `27,380 cr from RBI

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE - —PTI

The Re­serve Bank of In­dia, which fol­lows July-june fi­nan­cial year, has al­ready trans­ferred Rs 40,000 crore in the cur­rent fis­cal.

If the cen­tral board of the RBI ap­proves the trans­fer of Rs 28,000 crore re­quested by the govern­ment as in­terim div­i­dend for the cur­rent fis­cal, the to­tal sur­plus trans­fer by the cen­tral bank would be Rs 68,000 crore in 2018-19.

Ac­cord­ing to sources, the govern­ment ex­pects Rs 69,000 crore div­i­dend in the next fi­nan­cial year.

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