The Board of Control for Cricket in India (BCCI) has strengthened its financial reserves, with its latest bank balance standing at a staggering ₹20,686 crore at the close of the fiscal year 2023–24.
Rapid Growth Over 5 Years
This balance represents an incredible ₹14,627 crore increase since 2019, when the reserve stood at just ₹6,059 crore.
In the last financial year alone, the board added ₹4,193 crore to its coffers.
Financial Breakdown Highlights
Metric | Value (FY24) |
---|---|
Bank Balance | ₹20,686 crore |
Increase Since 2019 | ₹14,627 crore |
Growth in Last Year | ₹4,193 crore |
General Fund (2019 → 2024) | ₹3,906 → ₹7,988 crore |
Why It Matters
- Banking Strength: The immense reserves highlight BCCI’s unmatched financial foundation.
- Resource Allocation: Funds allow large-scale investments in infrastructure, player support, and development, ensuring financial stability for domestic and international cricket.
- Surplus Strategy: BCCI continues to generate surpluses, even amid fluctuating media rights revenues, thanks to diversified income sources and strong investment returns. The Times of India