BS Poll: RBI FY25 surplus transfer likely to be higher than previous fiscal

RBI may transfer a higher surplus in FY25 as gains from dollar sales and interest earnings strengthen its financials, exceeding last year's ₹2.1 trillion payout

The Reserve Bank of India (RBI) is expected to transfer a surplus between ₹2.2 trillion and ₹3.1 trillion to the government for the financial year 2024-25 (FY25), against record ₹2.1 trillion in FY24, a Business Standard snap poll of six participants said.

 

The central bank could generate a higher surplus for FY25 on the back of gains from substantial dollar sales along with interest earnings from foreign and rupee-denominated securities.

 

“Earnings on foreign exchange (FX) transactions are expected to be substantial with gross dollar sales tracking at $371.6 billion in FY25 (till February) v/s $153 billion in FY24.