New Delhi, May 24 -- The Reserve Bank of India's (RBI) unprecedented dividend payout of nearly Rs 2.7 trillion to the government has been primarily enabled by robust gross dollar sales, substantial foreign exchange gains, and consistent growth in interest income, according to a report by the State Bank of India (SBI).

The report attributes the substantial surplus transfer to the RBI's proactive engagement in the foreign exchange market.

Notably, the central bank emerged as the largest seller of foreign exchange reserves among Asian central banks in January 2025.

"This surplus payout is driven by robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income," the report stated.

To stabilise the rupee...