RBI dividend: Malhotra & Co announce Rs 2.69 lakh crore surplus for govt

By : Sandhya
The Reserve Bank of India (RBI) on Friday approved a whopping dividend of Rs 2.69 lakh crore for FY25 to the Centre as against Rs 2.1 lakh crore in FY24, which will help New Delhi in its push to narrow fiscal deficit to 4.4 per cent for this fiscal year.
The dividend payout in FY25 is an increase of 27.37 per cent from that in the previous year.
ET had earlier reported that the RBI was likely to transfer a dividend as high as Rs 3 lakh crore, almost a 50 per cent increase from the last year.
Meanwhile, the Union Budget for the current fiscal has projected a dividend income of Rs 2.56 lakh crore from the RBI and public sector financial institutions.
At the 616th Meeting of Central Board held on Friday, the RBI officials reviewed the global and domestic economic scenario, including risks to the outlook and decided to transfer a surplus of Rs 2,68,590.07 crore to the Modi-led government.RBIDividend