According to the RBI Act, the government nominates 10 eminent persons from various fields to the central board of the RBI, besides four directors (one from each of the four local boards).

The Central Government has nominated Anuradha Thakur, Secretary of the Department of Economic Affairs, as a Director on the Central Board of the Reserve Bank of India, replacing Ajay Seth. According ...

RBI’s central board reviews Economic Capital Framework Move comes in the backdrop of expectations that the board may declare a transferable surplus (dividend) of ₹2.50 lakh crore to ₹3 lakh ...

MUMBAI: The way RBI calculates the dividend it pays to govt may soon change, with the central board of directors reviewing the economic capital framework at its meeting here on Thursday. The ...

The dividend pay-out for 2022-23 had stood at Rs 87,416 crore. This decision was made at the 616th meeting of the RBI Central Board of Directors, chaired by Governor Sanjay Malhotra, PTI reported.