“Based on supply levels, we estimate Rs 26 lakh to Rs 3 lakh dividends,” said Gaura Sen Gupta, chief economist at IDFC First Bank.
The Board of Directors of the Reserve Bank of India also met on May 15 to review the Economic Capital Framework (ECF). The key factor in determining surplus or dividends is the ECF adopted by the Reserve Bank of India in 2019.
The relevant committee recommends that risk supply be carried out under the due risk buffer (CRB) to maintain the range of 6.5-5.5% of the RBI balance sheet. In addition, spending depends on the income central bank earns from various domestic sources.
The board determines the CRB level based on how the central bank expects performance during the economic review period and is directly related to economic growth over the year.
CSB Bank Group Finance Minister Alok Singh said: “The market is basically caused in a dividend of about Rs 250 crore. According to IDFC First Bank, the food is Rs 42,800 crore and is expected to be between Rs 4,000 crore and Rs 800 crore.
