Rupee defence to liquidity: RBI earned over Rs 4 lakh crore in FY26, spent a third of it
Last week, the Reserve Bank of India (RBI) transferred a record dividend of Rs 2.87 lakh crore to the Centre for 2025-26. Unlike companies that transfer a portion of their profits to shareholders, the RBI must hand over its entire gain to the government. But how did it end up generating such a big profit? First and foremost, the RBI's…
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