RBI Approves Record Rs 2.87 Lakh Crore Surplus for FY26
Why in the news
The central bank will hand over its biggest-ever surplus to the Centre. It reported strong income growth and a larger balance sheet.
Key facts
- Amount: Rs 2.87 lakh crore, a record transfer for FY26.
- Forum: 623rd meeting of the RBI Central Board.
- Chair: Governor Sanjay Malhotra.
- Contingency Risk Buffer (CRB): maintained at 6.5% of the balance sheet.
- RBI reported strong growth in income and expansion of its balance sheet.
Exam angle
- Numbers to recall: Rs 2.87 lakh crore; meeting 623; CRB 6.5%.
- Recipient: Government of India.
- Decision-making body: Central Board chaired by the Governor.