In a landmark financial development, the Reserve Bank of India (RBI) has sanctioned a record surplus transfer of ₹2.69 trillion to the central government for the fiscal year 2024–25. This transfer surpasses the government's budgeted estimate and marks a significant increase from the previous year's surplus.

The substantial surplus is attributed to higher income from the RBI's investments and operations, reflecting robust financial management and favorable economic conditions. This infusion of funds is expected to enhance the government's fiscal capacity, enabling increased expenditure on infrastructure, social programs, and economic stimulus measures.

Additionally, the RBI has revised the Contingent Risk Buffer (CRB) range to 7.5% of its balance sheet, up from the previous 6.5%. This adjustment aims to strengthen the central bank's financial resilience and its ability to manage unforeseen economic shocks.

Economists anticipate that the surplus transfer will alleviate the government's borrowing requirements, potentially leading to lower interest rates and increased liquidity in the financial system. This development is seen as a positive signal for investors and markets, indicating fiscal prudence and economic stability.

The RBI's decision underscores its commitment to supporting the government's fiscal objectives while maintaining monetary stability. As the economy continues to recover and grow, such measures are crucial in sustaining momentum and achieving long-term development goals.