EconomyWednesday, 17 June 2026·The Hindu - Economy
RBI surplus transfer to Union government hits record ₹2.87 lakh crore in FY26
The RBI transferred a record ₹2.87 lakh crore surplus to the Union government for FY26, up from ₹2.11 lakh crore in FY24, amid a 20.6% rise in its balance sheet.
Key highlights
Direct fact
In May 2026, the Reserve Bank of India 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.
Key specifics
- The FY26 transfer of ₹2.87 lakh crore was described as the highest ever by the RBI.
- Surplus transfer stood at ₹87,416 crore for FY23.
- It rose to ₹2.11 lakh crore for FY24 and about ₹2.69 lakh crore for FY25.
- The RBI’s balance sheet grew by 20.6% in one year to ₹91.97 lakh crore by March 2026.
- Gross income increased by over 26% in the same period, driven by foreign assets, domestic securities, foreign exchange operations and reserve management.
Exam lens
Economy and banking, RBI balance sheet, surplus transfer, fiscal architecture — TNPSC may ask the FY26 amount, FY23/FY24/FY25 comparison, and the 20.6% balance-sheet growth figure.