Govt may seek another interim dividend from RBI as revenue drops: Report


India's government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as it struggles to meet its expenditure commitments amid a steep revenue shortfall, three sources directly aware of the matter said.   The fresh call comes just months after the Reserve Bank of India (RBI) approved a 1.76 trillion rupees ($24.

8 billion) dividend payment to the federal government, including 1.48 trillion rupees for the current fiscal year.   The RBI largely earns profits through its trading.

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