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Articles for Bimal Jalan, search results for surplus

RBI Surplus Transfer to Govt at 44%; Lowest in Last 7 Years: Former Fin Secy SC Garg
4 years, 4 months ago

RBI Surplus Transfer to Govt at 44%; Lowest in Last 7 Years: Former Fin Secy SC Garg

News 18  

Former Finance Secretary SC Garg said on Wednesday that the RBI transferred only 44 per cent of its surplus or income to the government, which is the lowest in percentage terms in the last seven years. Earlier this month, the RBI board approved a surplus transfer of Rs 57,128 crore to the central government for Accounting Year 2019-20. In August …

Transfer Crore Billion Rbi Lowest Surplus Fin
Why the RBI's Rs 1.76 lakh crore surplus transfer has sparked a debate
5 years, 4 months ago

Why the RBI's Rs 1.76 lakh crore surplus transfer has sparked a debate

India Today  

On August 26, the central board of the Reserve Bank of India decided to transfer a surplus of Rs 1.76 lakh crore to the government-its highest transfer ever-sparking a fierce debate. The surplus from the central bank comprised two components-Rs 1.23 lakh crore of surplus for the year 2018-19 and an additional Rs 52,637 crore of excess provisions that was …

Bank Crore Central Rbi Lakh Sitharaman Bimal Jalan
The numbers behind RBI’s ₹1.76 lakh crore payout to government: 10 points
5 years, 4 months ago

The numbers behind RBI’s ₹1.76 lakh crore payout to government: 10 points

Live Mint  

The Reserve Bank of India on Monday approved a record ₹1.76 lakh crore payout to the government, which is more than double the ₹68,000 crore that it provided the previous year. The ₹1.76 lakh crore transfer to the government includes ₹1.23 lakh crore as dividend to the government and ₹52,637 crore from its surplus capital. "Revaluation balances are highly volatile, …

Risk Committee Central Rbi Lakh Crore Provisioning Bimal Jalan
Bimal Jalan panel says RBI can pay interim dividend to govt only under exceptional circumstances; recommends review of ECF every 5 years
5 years, 4 months ago

Bimal Jalan panel says RBI can pay interim dividend to govt only under exceptional circumstances; recommends review of ECF every 5 years

Firstpost  

The Bimal Jalan panel was constituted by the central bank in consultation with the government to review the extant ECF of the RBI The Bimal Jalan panel of the Reserve Bank of India which recommended that the central bank transfer surplus reserves to the government has come out with a slew of recommendations. The panel recommended that the revised economic …

Bank Risk Review Report Committee Central Pti
RBI to transfer surplus of Rs 1.76 lakh crore to the government as per Bimal Jalan Committee recommendation
5 years, 4 months ago

RBI to transfer surplus of Rs 1.76 lakh crore to the government as per Bimal Jalan Committee recommendation

Op India  

The Reserve Bank of India has decided to transfer an amount of ₹1,76,051 crore to the Government of India. The central bank took this decision by accepting the recommendations of Bimal Jalan Committee on surplus transfer to the government. The ₹1.76 lakh crore to be transferred consists of ₹1,23,414 crore of surplus for the year 2018-19 and ₹52,637 crore of …

Transfer Bank Committee Crore Central Rbi Level
RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer
5 years, 5 months ago

RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer

Firstpost  

The government and the RBI, during the tenure of the previous governor Urjit Patel, had been at loggerheads over the surplus capital with the central bank. New Delhi: The Bimal Jalan panel may get more time to finalise its report on excess capital transfer from the Reserve Bank of India to the government as Subhash Chandra Garg has been moved …

Transfer Bank Capital Report Central Rbi Subrahmanyam
Bimal Jalan panel to hold at least 2 more meets before final report on RBI capital reserves size
5 years, 8 months ago

Bimal Jalan panel to hold at least 2 more meets before final report on RBI capital reserves size

Firstpost  

A high-level panel looking into appropriate capital reserves the RBI should maintain will hold at least two more meetings before finalising the report, former Reserve Bank governor Bimal Jalan, who is heading the committee, said New Delhi: A high-level panel looking into appropriate capital reserves the RBI should maintain will hold at least two more meetings before finalising the report, …

Bank Capital Committee Rbi Subrahmanyam Panel Reserve Bank