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RBI Meet Raises Hopes of Record Dividend
Financial Express Kochi
|May 16, 2025
The Central Board of directors of the Reserve Bank of India met on Thursday in Mumbai to review its economic capital framework (ECF), a move that could lead to record surplus transfer to the Centre.
In the FY26 Budget, the government has estimated the RBI's surplus transfer in excess of the FY25 figure of ₹2.1 lakh crore, an all-time high. The robust dividend in FY25 (RBI accounting year FY24) was against the Budget estimate of ₹80,000-90,000 crore, giving extra fiscal space to the Centre. This enabled the government to spend more as well as to bring down the fiscal deficit to 4.8% of the GDP from the Budget estimate of 4.9%.
This story is from the May 16, 2025 edition of Financial Express Kochi.
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