Moneycontrol PRO

business

RBI may not pay special dividend to govt from cash haul: UBS

On speculation that RBI may pay a special dividend from the cash clean-up act, Gautam Chhaochharia of UBS Securities said that RBI should not be looked at as a company but as a policy-making body. Hence, it should not be presumed that the central bank will pay a special dividend.

first published: Nov 16, 2016 09:18 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347