The Reserve Bank of India (RBI) on Friday declared a record surplus transfer of Rs 2.87 lakh crore to the government for FY27, which is notably lower than North Block’s budget estimates for dividend receipts this fiscal. RBI's balance sheet expanded by 20.61% to Rs 91.97 lakh crore at the end of March 31, 2026.
In this year’s Union Budget, the government estimated Rs 3.16 lakh crore in total dividend receipts from state-owned enterprises and surplus transfers from the central bank.
