RBI paid record dividend from currency gains, annual report says

The Reserve Bank of India (RBI) headquarters in Mumbai, Friday, Feb. 6, 2026. The Reserve Bank of India kept its benchmark interest rate unchanged on Friday, signaling an end to its easing cycle as the economy gets a boost from higher government spending and a surprise US trade deal to lower tariffs. | Bloomberg

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The Reserve Bank of India paid a record dividend to the government after higher interest income and large gains from foreign exchange operations boosted earnings, the central bank’s annual report showed.

The central bank transfered a record 2.87 trillion rupees ($30.1 billion) as dividend to the government, compared with last year’s 2.69 trillion rupees, though the payout was lower than the nearly 3 trillion rupees forecast by most economists in a Bloomberg News survey.The annual report released Friday showed interest income rose 11.81% to 2.36 trillion rupees in the financial year ended March. Interest earned on rupee bonds climbed 37.66% to 1.18 trillion rupees. Gains from foreign exchange transactions rose to 1.68 trillion rupees from 1.11 trillion rupees a year earlier.