EconomySunday, 21 June 2026·The Hindu - Economy
RBI surplus transfer of ₹2.87 lakh crore in FY26 raises fiscal-policy questions
The RBI approved a record ₹2.87 lakh crore surplus transfer to the Union government for FY26 in May 2026.
Key highlights
Direct fact
In May 2026, the Reserve Bank of India (RBI) approved a record surplus transfer of ₹2.87 lakh crore to the Union government for FY26, exceeding the previous record of ₹2.11 lakh crore and drawing attention to the central bank’s fiscal role.
Key specifics
- The FY26 surplus transfer was ₹2.87 lakh crore.
- The previous record surplus transfer was ₹2.11 lakh crore.
- FY23 surplus transfer stood at ₹87,416 crore.
- FY24 surplus transfer rose to ₹2.11 lakh crore and FY25 to about ₹2.69 lakh crore.
- The RBI’s balance sheet grew 20.6% to ₹91.97 lakh crore by March 2026.
Exam lens
TNPSC economy question type: RBI surplus transfer, Economic Capital Framework, FY23 to FY26 figures, and balance-sheet growth are likely MCQ points.