RBI had given Rs 30,663 crore as dividend to the government in 2017-18.
Top losers in the Sensex pack included TCS, Yes Bank, ITC, Sun Pharma, Reliance, Coal India, Asian Paints, SBI, Maruti, HUL, HCL Tech and ICICI Bank, falling up to 2.91 per cent.
The 30-share index, after rising over 100 points, fell 158.94 points, or 0.44 per cent, to 35,650.01. Similarly, the 50-share NSE Nifty fell 44.45 points, or 0.41 per cent, to 10,679.95.
The rupee had closed 7 paise lower against the greenback Friday at 71.23. On a weekly basis, it had registered a loss of 8 paise.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1 per cent, recovering from a sharp fall last Friday.
The innovations were aimed at enhancing existing technologies and developing better versions of existing ones in various fields
The deal represents a major endorsement of Rivian's electric vehicle technology by the world's largest online retailer, which is looking for ways to boost the speed and reduce the cost of its…
The broader NSE Nifty, after shuttling between 10,620.40 and 10,785.75, settled at 10,724.40 points, down by 21.65 points, or 0.20 per cent.
In the first month of the year, the Consumer Price Index (CPI) rose by 2.9 per cent a month, an acceleration compared to the 2.6 per cent recorded in December.
Hong Kong shed 1.5 per cent, Tokyo dropped 1.2 per cent and Shanghai fell 0.7 per cent.
Officials from both governments said Thursday they planned to boost bilateral trade in energy, aerospace, defence, pharmaceuticals and healthcare.
The broader NSE Nifty lost 47.60 points, or 0.44 per cent, to end at 10,746.05. Intra-day, it shuttled between 10,718.75 and 10,792.70.
US Commerce Secretary Wilbur Ross was supposed to lead the American delegation but he pulled out at the last minute. He will instead join the commercial dialogue via video.
Annual wholesale price inflation last month was lower than a provisional 3.80 per cent rise in December
The 30-share barometer, which had lost 840 points in the previous five sessions, was trading 120.01 points, or 0.33 per cent, lower at 35,914.10.