The Central government is likely to earn Rs 75,000-85,000 crore as dividends from the Reserve Bank of India (RBI) in the current financial year, slightly lower than Rs 87,416 crore surplus transfer in FY24, a report by IDFC FIRST Bank said.

For FY25, the Centre has budgeted a surplus transfer of Rs 1.02 trillion from the RBI and public sector banks (PSBs), but has not provided any breakup.

The expected dividend transfer from the RBI will be for FY24, but will be reflected in the government’s account for FY25.