Ans: The RBI approved a dividend of ₹2,86,588.46 crore (approximately ₹2.86 lakh crore) for the financial year 2025-26.
Q2: How does this dividend compare to the previous year?
Ans: It is 6.7% higher than the ₹2.69 lakh crore transferred in 2024-25. It is the largest surplus transfer in RBI’s history.
Q3: When was the dividend approved and which meeting took the decision?
Ans: The dividend was approved on 22 May 2026 at the 623rd meeting of the Central Board of Directors of the RBI in Mumbai.
Q4: What is the Contingent Risk Buffer and what level was retained for FY26?
Ans: The Contingent Risk Buffer is a reserve maintained by RBI to meet unexpected risks. It was retained at 6.5% of the balance sheet size for FY26.
Q5: How is this dividend treated in the Union Budget?
Ans: It is recorded as a non-tax revenue receipt from the central bank. It helps the government meet expenditure without raising taxes or borrowing more.
Month: Current Affairs - May 23, 2026
Category: Economy, Banking