Reserve Bank of India has decided to transfer a record surplus of ₹2,86,588 crore to the central government for the financial year 2025–26. This amount, equal to ₹2.87 lakh crore, was approved by the RBI’s Central Board during its meeting chaired by Governor Sanjay Malhotra.
This dividend is one of the largest ever given by the central bank. Last year the transfer stood at ₹2.7 lakh crore. Market estimates had suggested a figure close to ₹3 lakh crore, and the final number is broadly in line with those expectations.
The transfer comes at a time when India is facing pressure from rising crude oil prices and foreign fund outflows. Higher energy costs are increasing the import bill and widening the current account deficit. The surplus from RBI will act as a fiscal cushion for the government, helping it manage expenses and reduce the impact of global volatility.
Officials believe the funds can be used to support infrastructure projects, welfare schemes, and deficit reduction. The move also signals the strong financial position of the central bank and its ability to support the economy in challenging times.
With this record dividend, the government gains additional strength to handle external shocks and maintain stability in the financial system.
