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RBI SURPLUS TRANSFER
UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profits- Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data shows
- India’s current account deficit more than doubles to $7 billion in July as trade gap expands
- India's balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC BankIndia’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...04 Sep, 2026, 12.48 PM IST
- Centre sees no cost pain for RBI on dollar delugeThe Reserve Bank of India anticipates minimal costs from significant forex inflows. High interest rates on US treasuries are expected to of...04 Sep, 2026, 05.30 AM IST
- Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...02 Sep, 2026, 03.07 PM IST
- RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...25 Aug, 2026, 02.33 PM IST
- RBI's $56.8 billion forex drive: How diaspora deposits reshape India's currency risk and balance sheetIndia's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...17 Aug, 2026, 12.06 AM IST
- India’s balance of payments slips into deficit in Q1FY27India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...15 Aug, 2026, 09.54 AM IST
- India records $8.1 billion deficit in April-June balance of payments, June turns surplusIndia's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...14 Aug, 2026, 09.01 PM IST
- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...08 Aug, 2026, 12.34 PM IST
- MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...07 Aug, 2026, 09.03 AM IST
- Home loan EMI, amortisation and prepayment- The mathematics every borrower in India must understandUnderstanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...31 Jul, 2026, 04.30 PM IST
- India posts $2 billion current account deficit in May as trade gap widensIndia experienced a significant current account deficit of $2 billion in May 2026, primarily driven by a surge in merchandise imports that ...15 Jul, 2026, 07.59 PM IST
- India's capital account surplus may rise to $105 billion in FY27: Motilal OswalIndia's capital account surplus is expected to reach USD 105 billion in FY27. Stronger foreign capital inflows and improved portfolio inves...15 Jul, 2026, 12.14 PM IST
- Government's dividend income from RBI in FY25 to be similar to FY24, source saysRBI dividend: The Indian government expects dividend income from the Reserve Bank of India to remain consistent with last year. A surplus o...26 Feb, 2024, 06.01 PM IST
- RBI surplus transfer to govt at 44%; lowest in last 7 years: Ex finance secy SC GargSince 2013-14, the RBI has been paying 99 per cent of its disposable income to the government, which is battling to rein in deficits. In Au...26 Aug, 2020, 08.33 PM IST
- RBI board accepts Jalan panel report, approves surplus transfer of Rs 1.76 lakh cr to govtThe surplus transfer is expected to help the government meet its fiscal deficit target.26 Aug, 2019, 08.37 PM IST
- RBI's board to consider surplus funds transferThe RBI will also review rules on capital and risk weight for Indian banks.16 Nov, 2018, 03.24 PM IST
- RBI transfers largest-ever surplus to governmentThe entire surplus of Rs 52,679 crore was transferred to the government even as the central bank’s gross income in the previous financial y...22 Aug, 2014, 04.35 AM IST
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