- India expects record 3.16 trillion rupees in dividends from RBI and financial institutions
- This marks a 3.6% increase from the current year's revised estimate of 3.05 trillion rupees
- RBI alone transferred 2.69 trillion rupees to the government last year
India expects to receive a record 3.16 trillion rupees ($34.4 billion) in dividends from its central bank and state-owned financial institutions in the fiscal year starting in April, according to budget documents tabled in the Parliament on Sunday.
That would mark about a 3.6% rise from the current financial year's revised budget estimate of 3.05 trillion rupees.
Last year, the Reserve Bank of India alone transferred 2.69 trillion rupees to the government. The estimate for 2026-27 is in line with economists' expectation of 3.2 trillion rupees in a Bloomberg survey, most of it expected from the RBI.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Photo Credit: (Photo: Bloomberg)
The funds would be crucial for the government to meet its spending needs while keeping the fiscal deficit within 4.3% of gross domestic product, as projected by Finance Minister Nirmala Sitharaman in her budget speech.
The RBI makes an annual payout to the government from the surplus income earned from investments and valuation changes on its foreign exchange holdings, including the dollar, and the fees it gets from printing currency notes.
The RBI has been gaining by selling dollars to support the Indian currency, which fell nearly 5% in 2025. The central bank also earns through investing in bonds and deposits issued by other sovereigns, such as the US treasuries.
Also Read: Budget 2026: PSU Bank Shares Slide After Proposal For Banking Review Panel
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
