RBI approves surplus transfer of Rs 2.8 lakh crore to Centre for 2025-’26
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The Reserve Bank of India’s board on Friday approved a transfer of Rs 2.8 lakh crore as surplus to the Union government for the financial year 2025-’26.
Every year, the central bank pays a dividend to the government to help with the finances from its surplus or profit. It serves as a key source of revenue for the government.
This was the central bank’s highest annual surplus, or dividend transferred to the government.
The transfer comes amid global economic headwinds triggered by the war in West Asia.
The central bank said that its gross income increased by 26.4% in the financial year 2025-’26 and its expenditure before risk provisions increased by 27.6%.
The net income, before risk provision and transfer to statutory funds, aggregated Rs 3.9 lakh crore in 2025-’26 against Rs 3.1 lakh crore in the previous fiscal year.
Written by Nachiket Deuskar. Edited by Sara Varghese.
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