Statsguru: Six charts explain RBI's annual earnings report for FY23

The RBI is set to transfer over Rs 87,000 crore to the government. Budget estimates for dividends from the RBI, nationalised banks, and financial institutions were Rs 48,000 crore

India’s central bank posted over Rs 2 trillion in earnings. The Reserve Bank of India (RBI) came out with its annual report last week, showing that the balance sheet had continued to expand in the financial year 2022-23 (FY23), though at a slower rate. It grew 2.5 per cent over the previous year to Rs 63.4 trillion. It is over 50 per cent larger than the pre-pandemic period (chart 1).

Central banks across the world have expanded balance sheets to support their economies during this time. Many are now looking to reverse the process. The RBI has managed to navigate