The Reserve Bank of India (RBI) was established under the Reserve Bank of India Act, 1934 on 1 April 1935 and nationalised on 1 January 1949. The Bank acts as banker to the Central Government ...
RBI may declare a surplus to the Government for FY25 through dollar sales and overseas investments, experts suggest.
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector ...
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents. In the current ...