Economists estimate the surplus transfer-often referred to as the central bank’s dividend to the government-in the range of Rs 2.7 lakh crore to Rs 3 lakh crore. In the FY27 Union Budget, the government has estimated Rs 3.16 lakh crore in dividends from state-owned companies and surplus transfers from the central bank. Last year, the RBI transferred Rs 2.68 lakh crore, 27% higher than the previous year.
7 books for stock market investors recommended by Raamdeo Agrawal
Motilal Oswal Chairman Raamdeo Agrawal says purposeful reading shapes better investors and recommends seven timeless investing books, including works by Peter Lynch, Warren Buffett, Philip
July 4, 2026