Government to Get Payment of Rs 2.87 Lakh Crore Dividend From RBI, Board Approves
The RBI has decided to pay the government a dividend of Rs. 2.87 lakh crore. Due to growing import costs and supply chain disruptions brought on by the West Asia war, the Reserve Bank announced on Friday a record dividend of Rs. 2.87 lakh crore to the government for the year ending March 2026, giving the exchequer a financial boost. For the fiscal year 2024-25, the dividend is 6.7% higher than Rs. 2.69 lakh crore.
The ‘dividend/surplus of Reserve Bank of India, Nationalized Banks and Financial Institutions’ category of budgeted non-tax revenue for FY27 is made up of 91 percent of the surplus transferred by the RBI alone, reported by PTI.
At its 623rd meeting in Mumbai, the RBI’s Central Board, chaired by Governor Sanjay Malhotra, made the choice. The RBI’s net income before risk provisions and transfers to statutory funds increased to Rs. 3.96 lakh crore in FY26, up from Rs. 3.13 lakh crore the previous year, according to a statement.
Before endorsing the yearly accounts for FY26, the Board considered the domestic and international economic situation, including potential dangers to the growth forecast, according to the reports.
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