Business Economy

Bimal Jalan panel finalises report on RBI capital, surplus transfer

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, finalised its report on Wednesday.

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 in New Delhi.

Source: thehindu.com

Leave a Reply

Your email address will not be published. Required fields are marked *