ANI
22 May 2026, 18:29 GMT+10
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday approved a transfer of Rs 2.87 lakh crore as surplus to the Central Government for the financial year 2025-26, marking one of the highest dividend payouts by the central bank.
The decision was taken during the 623rd meeting of the Central Board of Directors of the RBI, chaired by Governor Sanjay Malhotra in Mumbai.
'The Central Board approved the transfer of surplus of Rs 2,86,588.46 crore to the Central Government for the accounting year 2025-26,' the RBI said in its release.
The RBI said its gross income increased by 26.42 per cent during FY26 compared to the previous year, while expenditure before risk provisions rose 27.60 per cent.
According to the central bank, net income before risk provisions and transfer to statutory funds stood at Rs 3,95,972.10 crore in FY26, up from Rs 3,13,455.77 crore in FY25.
The RBI's balance sheet also expanded by 20.61 per cent to Rs 91,97,121.08 crore as on March 31, 2026.
The central bank said it decided to transfer Rs 1,09,379.64 crore towards the Contingent Risk Buffer (CRB) for FY26, compared to Rs 44,861.70 crore in the previous year, while maintaining the CRB at 6.5 per cent of the balance sheet size.
'The Board reviewed the global and domestic economic scenario, including risks to the outlook,' the RBI said.
Deputy Governors Swaminathan J, Poonam Gupta, Shirish Chandra Murmu and Rohit Jain, along with other directors of the Central Board, attended the meeting. (ANI)
Get a daily dose of Colorado Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Colorado Star.
More InformationMADRID, Spain: Police in northeastern Spain arrested the son of Isak Andic, the billionaire founder of Mango, on May 19. He is suspected...
WASHINGTON, D.C.: The United States is investigating whether Chinese companies deliberately reduced global production of shipping containers...
HONG KONG: Standard Chartered said on May 19 that it will eliminate more than 7,000 jobs over the next four years as the bank increases...
PARIS, France: The head of the International Energy Agency warned on May 18 that commercial oil inventories are being depleted quickly...
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday approved a transfer of Rs 2.87 lakh crore as...
New Delhi [India], May 22 (ANI): Rising volatility in the US bond market has become the first major challenge for incoming Federal...
NEW YORK CITY, New York: U.S. President Donald Trump disclosed more than 3,600 stock trades during the first quarter of 2026, revealing...
MEXICO CITY, Mexico: Mexico has frozen the bank accounts of some former officials accused by the United States of having links to the...
NEW YORK CITY, New York: Target reported its strongest comparable sales growth in four years on May 20, offering early signs that changes...
LONDON, U.K.: Britain's second most senior diplomat in Washington, James Roscoe, has left his post, the British Foreign Office said...
SAN FRANCISCO, California: Amazon is ending support for Kindle e-readers released in 2012 and earlier, prompting frustration among...
WASHINGTON, D.C.: The United States is investigating whether Chinese companies deliberately reduced global production of shipping containers...
