Interim dividend issue may come up in next RBI’s board meeting
The issue of interim dividend may come up for discussion in the next Reserve Bank board meeting as the government struggles to meet its ambitious fiscal deficit target of 3.3 per cent amid revenue shortfall, sources said.Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth from over six-year-low of 4.5 per cent in the second quarter of the current fiscal.As per the government’s estimate, the country’s GDP growth is seen dipping to an 11-year low of 5 per…
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