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Exclusive: Indian government to seek cenbank dividend boost as revenue drops

A worker pushes a wheelbarrow inside the Reserve Bank of India head office in Mumbai
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NEW DELHI (Reuters) - 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 (18.99 billion pounds)..
Date Published: Jan 10, 2020
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