The 623rd meeting of the Central Board of Directors of the Reserve Bank of India was held in Mumbai on Friday under the chairmanship of Governor Sanjay Malhotra.
During the meeting, the Board reviewed the global and domestic economic outlook along with associated risks and approved the RBI’s annual accounts for FY26. The central bank reported a 26.42 per cent rise in gross income during the financial year, while net income before risk provisions and statutory transfers stood at Rs 3.96 lakh crore, compared to Rs 3.13 lakh crore in FY25.
The RBI’s balance sheet expanded 20.61 per cent year-on-year to Rs 91.97 lakh crore as of March 31, 2026.
The Central Board also approved a surplus transfer of Rs 2,86,588.46 crore to the Central Government for FY26. Additionally, the Board decided to transfer Rs 1,09,379.64 crore to the Contingent Risk Buffer (CRB), maintaining the CRB at 6.5 per cent of the RBI’s balance sheet size under the revised Economic Capital Framework.