The meeting of the Reserve Bank of India’s (RBI) central board, which was slated to take a call on interim dividend, has been deferred to February 18, according to sources. The board meeting, which will be the first after the Interim Budget 2019-20, will also be addressed by the Finance Minister. The customary post-Budget board meeting was earlier scheduled for February 9 but has now been deferred, the sources said. The RBI board is going to take up request of the government for payment of interim dividend for the current financial year, they said. Primary deficit refers to the deficit left after subtracting interest payments from the fiscal deficit.

Source: The Hindu February 06, 2019 10:18 UTC