Bimal Jalan panel report Delayed

The Bimal Jalan panel formed by the Reserve Bank of India (RBI) to review the economic capital framework of the Reserve Bank of India (RBI) has deferred the submission of its report to the central bank. Why the deferment? The deferment in submission is due to the difference of opinion within the six-member panel over ..

Topics: Bimal Jalan Committee • Economic Capital Framework • RBI • RBI reserves • Reserve Bank of India • UK • Unrealised gains • US

Bimal Jalan led panel defers report on RBI surplus funds

The Reserve Bank of India (RBI) committee led by Bimal Jalan (former RBI governor) constituted for considering guidelines for transfer of central bank’s surplus funds to government delayed submitting its report after lack of consensus among its members. The panel was originally supposed to submit its report in April 2019. Background The RBI committee was ..

Month: Current Affairs - June, 2019

Category: Economy & Banking Current Affairs

Topics: Arun Jaitely • Bimal Jalan Committee • ECF • Economic Capital Framework • Economy • RBI Governor • RBI's Surplus Capital • Reserve Bank of India • Union Ministry of Finance • Urjit Patel