scorecardresearchPSBs to pay record ₹7,867 crore dividends to govt this year: Report

PSBs to pay record 7,867 crore dividends to govt this year: Report

Updated: 27 May 2022, 12:16 PM IST
TL;DR.
According to RBI data, bank credit grew by 10.82 per cent to 120.46 lakh crore and deposits by 9.71 per cent to 166.95 lakh crore in the fortnight ended May 6, 2022.
The Reserve Bank of India said it will transfer  <span class='webrupee'>₹</span>30,307 crore to the government as a surplus, lower than the  <span class='webrupee'>₹</span>74,000 crore budgeted.

The Reserve Bank of India said it will transfer 30,307 crore to the government as a surplus, lower than the 74,000 crore budgeted.