India Expects Another Record Dividend Payout From Central Bank

India expects to receive a record 3.16 trillion rupees ($34.4 billion) in dividends from its central bank and state-owned financial institutions in the fiscal year starting in April, according to budget documents tabled in the Parliament on Sunday.

That would mark about a 3.6% rise from the current financial year’s revised budget estimate of 3.05 trillion rupees.