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RBI approves payout of Rs 57,128 crore to govt amid widening fiscal deficit triggered by Covid-19 lockdown

RBI approves payout of Rs 57,128 crore to govt amid widening fiscal deficit triggered by Covid-19 lockdown

Aug 15, 2020, at 05:47 am

Mumbai/IBNS: The Reserve Bank of India (RBI) on Friday approved an annual dividend payout of Rs 57,128 crore to the government for the accounting year 2019-20 (July-June).