RBI Surplus Transfer: Record ₹2.86 Lakh Crore Dividend to Government

Context: Reserve Bank of India (RBI) approved record transfer of ₹2.86 lakh crore surplus/dividend to the Central Government for Financial Year 2025-26 after maintaining adequate risk buffers.

1. Key Highlights:

  • Surplus transfer: ₹2,86,588 crore (all-time high).
  • About 6.7% higher than previous year.
  • Contingent Risk Buffer (CRB) maintained at 6.5%.

2. Basics — RBI Surplus Transfer:

  • Reserve Bank of India earns through:
    • Government securities
    • Foreign exchange reserves
    • Liquidity operations
  • Surplus transferred to Centre under Section 47 of Reserve Bank of India Act, 1934.

3. Committees:

  • First examined by Y.H. Malegam Committee.
  • Present Economic Capital Framework based on Bimal Jalan Committee (2018) recommendations.
  • Recommended Contingent Risk Buffer range: 5.5%–6.5%.
RBI Surplus Transfer
RBI Surplus Transfer
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