RBI Announces Record Rs 2.87 Lakh Crore Dividend to Government
The Reserve Bank of India (RBI) announced on Friday a record-breaking dividend payment of Rs 2.87 lakh crore to the central government for the 2025-26 financial year. This significant surplus transfer, approved during the 623rd meeting of the RBI’s Central Board of Directors, provides the government with substantial fiscal flexibility amid ongoing geopolitical uncertainty. Context…