The RBI Board meeting on Monday to finalise its annual accounts is also likely to take up the Bimal Jalan panel's recommendations on Economic Capital Framework along with the dividend payment to the government, sources said. Sources had earlier told IANS that the RBI may start transferring the first tranche of the surplus this calendar, based on the Jalan panel …
The Bimal Jalan panel, set up to determine the suitable capital reserves for the RBI, will maintain its subsequent assembly on 13 June, said Finance Secretary Subhash Chandra Garg on Thursday, IANS reported. The six-member Jalan panel was appointed on December 26, 2018 to review the Economic Capital Framework for the Reserve Bank of India. Garg, who is a member …
New Delhi: The Reserve Bank of India on Wednesday set up an expert committee, headed by its former governor Bimal Jalan, to suggest how the central bank should handle its reserves and whether it can transfer its surplus to the government. The committee, which has been formed to review the existing economic capital framework, will have former RBI deputy governor …
