Govt’s dividend receipts from RBI, PSU banks to rise sharply

The RBI’s payout rose on the back of active forex intervention. Data show it sold about $43.2 billion in spot and non-deliverable forward markets till late Jan 2026 to smooth rupee volatility amid FPI outflows and external pressures. Sold at rates above historical acquisition costs, these dollars delivered sizeable trading gains, lifting surplus available for transfer.