18
November 2019 - 2:05 pm IST

Policy

Jalan panel finalises report on RBI capital; surplus transfer to govt over 3-5 years 

Jalan panel finalises report on RBI capital; surplus transfer to govt over 3-5 years 

Published:17 July 2019

New Delhi | A high-level panel led by former RBI governor Bimal Jalan, set up to decide the appropriate capital reserves that the central bank should maintain, Wednesday finalised its report.
The six-member Jalan panel was appointed on December 26, 2018 to review the Economic Capital Framework for the RBI.
The panel has finalised its report and no further meeting will take place, sources said after the meeting concluded here.
RBI should transfer its surplus cash to the government over the next three-five year period, Jalan Committee, appointed by the Finance Ministry to assess surplus with the central bank, is believed to have recommended in its report. 


Links

Sign up for Newsletter



Tags

Download Apps

Google Play App Store
  • |
  • |
  • |
  • |
  •  

© Copyright Metro vaartha 2018 All rights reserved. designed by : Tedsys

top