The central bank Reserve Bank of India announced yesterday that it will be paying Rs 28,000 crore as interim dividend to the government. This amount is expected to help the Centre meet its revised budget estimates.

This interim dividend is in addition to the Rs 40,000 crore that the RBI had transferred to the government in August 2018. Thus, the total interim dividend paid by the RBI to the government is Rs 68,000 for the current financial year. Please note the RBI follows the July-June financial year.