In a massive boost to the government's fiscal deficit management amid global economic uncertainty, the RBI approved its highest-ever surplus transfer. The windfall was largely driven by significant trading gains from the central bank's foreign exchange operations (selling US dollars to stabilize the rupee) and higher interest income. The RBI simultaneously maintained its Contingent Risk Buffer (CRB) at a prudent 6.5%.
Economy
RBI Approves Record ₹2.87 Lakh Crore Surplus Transfer to Government
📅 May 23, 2026 at 2:34 PM
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Odisha Forest Dept.
The Reserve Bank of India authorized a historic dividend transfer of ₹2.87 lakh crore to the Central Government for FY 2025–26.
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Practice MCQs based on the current affairs covered above.
1. The Reserve Bank of India (RBI) approved a record surplus transfer of ₹2.87 lakh crore to the Central Government. What Contingent Risk Buffer (CRB) percentage did the RBI maintain?
- A) 5.5%
- B) 6.5%
- C) 6.0%
- D) 7.0%
Correct Answer: Option B
