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Reserve Bank of India's surprise gift to govt - Economy News

Reserve Bank of India's surprise gift to govt - Economy News
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Budget pegs RBI, PSU banks dividend in FY25 at Rs 1.02 lakh crore

In 2023-24, the Reserve Bank of India transferred a surplus of Rs 87,416 crore to the Centre, significantly higher than what the government had expected to receive ....

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Would have transferred full surplus to govt had I become RBI Governor: Subhash Chandra Garg

With the former Finance Secretary s new book kicking up a storm, Garg spoke to Moneycontrol on the battle between the government and the Reserve Bank of India over the latter’s surplus distribution policy, shedding light on a key factor that led to him being transferred from the Finance Ministry in July 2019 ....

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RBI dividend to govt could have been Rs 1.2 lakh crore if not for risk buffer change

The Indian central bank transferred a larger-than-expected dividend of Rs 87,416 crore to the central government for 2022-23. However, data in the RBI s annual report shows it could have been even larger ....

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RBI dividend: Govt gets Rs 40,000 crore bonus despite RBI saving more for a rainy day

The RBI s dividend to the central government exceeded the 2023-24 budget estimate by 82 percent, likely on the back of huge foreign exchange gains ....

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