RBI to pay biggest-ever dividend to central government, decided May
Business
Big news for India's finances: the Reserve Bank of India (RBI) is gearing up to hand over its biggest-ever dividend to the central government.
The exact amount will be decided in May, but the RBI made a record payout of ₹2.69 lakh crore for FY2024-25, up 27% from the year before.
PSU dividends ₹0.75L/cr boost nontax revenue
RBI's transfers follow strict guidelines that make sure enough money is set aside for risks before any payout happens.
public sector banks are also stepping up, reporting record profits and public sector enterprises and other investments are expected to contribute ₹75,000 crore in dividends in FY2026-27.
All this helps push total nontax revenue close to ₹6.66 lakh crore, giving the government a solid financial boost alongside tax collections.