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RBI Sends INR2.87 Lakh-Crore Dividend, Markets Edge Higher

5/24/2026

44 6 Full Breakdown

Summary

Story summary

RBI transferred a dividend of INR2.87 lakh crore to the government for FY26, with its balance sheet rising 20.61% to INR91.97 lakh crore.
The Sensex closed at 75,415.35 and the Nifty 50 at 23,719.30, with gains of 0.31% and 0.32%.
FIIs sold INR4,440.47 crore while DIIs bought INR6,003.53 crore.
Rupee ended at 95.60 per dollar after oil prices eased.
Brent crude settled at $103.54 per barrel and WTI at $96.60.

History

Historical Context

The 1991 balance-of-payments crisis forced Prime Minister P.V. Narasimha Rao to appoint economist Manmohan Singh as finance minister, launching sweeping liberalisation that opened capital markets and attracted foreign investors. Foreign investment rose from $132 million in 1991-92 to $5.3 billion by 1995-96, laying the foundation for today’s large equity market and RBI dividend to the government.

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Story summary

RBI transferred a dividend of INR2.87 lakh crore to the government for FY26, with its balance sheet rising 20.61% to INR91.97 lakh crore.
The Sensex closed at 75,415.35 and the Nifty 50 at 23,719.30, with gains of 0.31% and 0.32%.
FIIs sold INR4,440.47 crore while DIIs bought INR6,003.53 crore.
Rupee ended at 95.60 per dollar after oil prices eased.
Brent crude settled at $103.54 per barrel and WTI at $96.60.

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