For 2026-27, the government has projected dividends of 3.16 lakh crore from the Reserve Bank of India (RBI) and public sector banks, 4% higher than the revised estimate of3.06 lakh crore in FY26. Of this, the RBI had contributed 2.68 lakh crore in FY26, while banks added 36,000 crore. The FY26 dividend figure was later revised upward from Rs 2.56 lakh crore, a 19% surge. Realistic Revenue Estimates “The government has budgeted an RBI dividend broadly in line with last year, around Rs 2.8 lakh crore, with an additional Rs 40,000 crore assumed from PSU banks.