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RBI declares record Rs 2.87 lakh crore dividend to cushion war shock

Posted on May 22, 2026
By Business News Today
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1 min read

RBI declares record Rs 2.87 lakh crore dividend to cushion war shock

The Reserve Bank of India announced a record surplus transfer to the government for FY27, though it falls short of budget estimates. This significant payout, driven by foreign exchange gains and investment income, provides a crucial fiscal buffer amidst rising energy prices and economic pressures.