In a recent video, I explored how the Reserve Bank of India (RBI) was able to deliver a substantial dividend to the Central Government, bolstering the government’s efforts in effective budget management. The predictions made in that discussion have largely proven accurate, as confirmed by the RBI’s latest annual report released today. This article aims to delve deeper into the reasons behind the RBI’s ability to provide such a significant dividend to the Central Government.
Trends in RBI’s Income Statement
The table below illustrates the trends in the RBI’s income statement from FY2018 onwards.