Bimal Jalan

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Bimal Jalan - Total results - 49
Govt measures to deal with coronavirus impact 'very positive', says former RBI governor Bimal Jalan
Business

Govt measures to deal with coronavirus impact 'very positive', says former RBI governor Bimal Jalan

Former Reserve Bank Governor Bimal Jalan on Thursday described the initiatives taken by the government to mitigate the impact of COVID-19 as "very positive" and hoped that these would help in containing the decline in growth

Coronavirus Outbreak: Former RBI Governor Bimal Jalan pitches for fiscal stimulus
Business

Coronavirus Outbreak: Former RBI Governor Bimal Jalan pitches for fiscal stimulus

Former RBI governor Bimal Jalan has pitched for fiscal stimulus to mitigate the impact of coronavirus outbreak which, he said, could lower India's growth by an estimated 1 percentage point, and affect jobs

Former RBI Governor Bimal Jalan blames Yes Bank for crisis at private lender; says some steps could have been taken earlier
Business

Former RBI Governor Bimal Jalan blames Yes Bank for crisis at private lender; says some steps could have been taken earlier

Former RBI governor Bimal Jalan has blamed Yes Bank for the crisis at the private lender and said some steps could have been taken earlier as the problems in the bank were visible two-three years ago

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

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
Business

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
Business

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
Business

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
Politics

‘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
Business

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
Business

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
Business

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
Business

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
Business

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

Bimal Jalan panel finalises report on RBI capital; recommends periodic transfer of surplus to govt in 3-5 years
Business

Bimal Jalan panel finalises report on RBI capital; recommends periodic transfer of surplus to govt in 3-5 years

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, Wednesday finalised its report

Bimal Jalan panel on RBI's capital size to meet again, to submit report by end of this month
Business

Bimal Jalan panel on RBI's capital size to meet again, to submit report by end of this month

The Bimal Jalan committee, which is looking into the size of capital reserves that the RBI should hold, will have one more meeting before finalising its report to be submitted to the apex bank by month-end

RBI Monetary Policy 2019 Updates: Nifty around 11,900, Sensex down by 300 points as central bank cuts repo rate by 25 bps to 5.75%
Business

RBI Monetary Policy 2019 Updates: Nifty around 11,900, Sensex down by 300 points as central bank cuts repo rate by 25 bps to 5.75%

Slashing benchmark lending rates for the third time this year, RBI cut its repo rate by 0.25 per cent Thursday and said its future monetary policy stance will be more accommodative.

Reserve Bank likely to go for 35 bps rate cut as inflation within its comfort range: Report
Business

Reserve Bank likely to go for 35 bps rate cut as inflation within its comfort range: Report

It can be noted that since Governor Shaktikanta Das has assumed office, the central bank has cut its key rates by a cumulative 0.50 percent as inflation ebbed

Better implementation of reforms by next govt essential to ensure job creation: Former RBI governor Bimal Jalan
Business

Better implementation of reforms by next govt essential to ensure job creation: Former RBI governor Bimal Jalan

On asked what economic reforms need to be taken by the next government, Jalan said the next government should implement policies that are already announced.

Former governor Bimal Jalan panel on RBI's Economic Capital Framework to submit report next month
Business

Former governor Bimal Jalan panel on RBI's Economic Capital Framework to submit report next month

The six-member Jalan panel was appointed on December 26, 2018 to review the Economic Capital Framework for the RBI