Business Tit-Bits

Business Tit-Bits: RBI, The Government Cash Box


The Govt has requested the RBI to pay an interim dividend of Rs.10000 crores, now for the third consecutive year. While legally, it is upto the board of directors of the RBI, whether to accept this demand or not, the fact however is that under the current dispensation when the RBI board is packed with government nominees, this request of the government will be treated as an order and interim dividend will certainly be paid. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take. #RBI #LIC #BPCL

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