Bimal Jalan

Budget 2020: FinMin likely to push for Rs 25,000-Rs 30,000 cr interim dividend from RBI; to help fiscal deficit slippages

In the past RBI has paid a total Rs 38,000 crore as an interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18)

RBI annual report: Central bank's contingency fund plunges to Rs 1.96 lakh crore post-record payout to govt

RBI board has decided to transfer the excess reserves to the government based on the Bimal Jalan committee report on the appropriate economic capital framework

Gains from bond buying and new accounting norms in forex operations helped transfer higher surplus: RBI

The Reserve Bank could transfer an additional Rs 1.23 trillion from its surpluses to the government, thanks to the gains from bond-buying and a change in the accounting practices of its forex operations, sources said Wednesday

Decoding Bimal Jalan panel proposals on RBI surplus capital transfer to government: The good, bad and ugly

Post the Jalan panel recommendations, the RBI chose the lower band of 5.5 percent and agreed to transfer a total of Rs1,76,051 crore to the government

‘Monumental mismanagement of Indian economy’: Congress leader Anand Sharma slams PM, FM for deflecting attention from real issues

Congress leader Anand Sharma said, Narendra Modi and Nirmala Sitharaman are continuously deflecting public attention from real issues

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

The Bimal Jalan panel was constituted by the central bank in consultation with the government to review the extant ECF of the RBI

RBI to transfer highest-ever surplus of Rs 1.76 lakh cr to govt; all you need to know about central bank's excess capital

The Narendra Modi government and the RBI under its previous governor Urjit Patel had been at loggerheads over the optimum level of surplus capital with the central bank.

RBI windfall of Rs 1.76 lakh cr surplus to Centre supports deficit, offers a permanent avenue to raise resources

The government will get a bonanza of around Rs 86,000 crore over and above the budgetary provision of Rs 90,000 crore from the RBI

Slowdown cyclical, growth will pick up in 1-2 years: Former RBI governor Bimal Jalan

The current slowdown in the Indian economy is cyclical and growth will pick up in one or two years, former RBI Governor Bimal Jalan said on Sunday

Govt's tax rise for high earners may trigger fund flight: Former RBI governor Bimal Jalan

Former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced in its budget could lead to a flight of funds from the country