RBI announces record Rs 2.87 lakh crore dividend payout to Centre, surplus transfer rises again

The Reserve Bank of India has announced a record Rs 2.87 lakh crore dividend payout to the government for FY26, significantly boosting fiscal space amidst global uncertainties. This substantial transfer, a notable increase from previous …

The Reserve Bank of India has announced a record Rs 2.87 lakh crore dividend payout to the government for FY26, significantly boosting fiscal space amidst global uncertainties. This substantial transfer, a notable increase from previous years, reflects the central bank’s robust financial performance and expanding balance sheet. The decision was made at the RBI Central Board’s recent meeting.

SBI Mutual Fund raises Bandhan Bank bet, stake crosses 5% mark after fresh share purchase

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RBI steps in with heavy dollar sales to defend rupee: Report

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