New Delhi, May 23 -- The Reserve Bank of India (RBI) will pay as much as Rs.2.69 lakh crore-the highest-ever surplus-as dividend to the central government for fiscal 2024-25 (FY25). The central bank announced the record dividend payment on Friday, May 23.

This compares with Rs.2.1 lakh crore transferred to the government in the financial year-ended March 2024. RBI's FY25 dividend payment is 27.4 per cent higher than FY24.

The Reserve Bank had transferred Rs.2.1 lakh crore dividend to the government for the fiscal 2023-24. The payout was Rs.87,416 crore for 2022-23.

The decision on the dividend payout was taken at the 616th meeting of the Central Board of Directors of Reserve Bank of India under the Chairmanship of Governor Sanjay Malho...