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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
Fp Staff •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
Madan •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
RBI is the new LIC for govt to rescue economy; with Rs 1.76 trillion bonanza, it just saved Nirmala Sitharaman from a fiscal embarrassment
Dinesh Unnikrishnan123 •This RBI-sponsored stimulus package is also a major face-saver for Finance Minister Nirmala Sitharaman who has been caught in an extremely difficult fiscal situation.
RBI to transfer Rs 1.76 lakh cr surplus to Centre, accepts Bimal Jalan panel recommendations
Fp Staff •The Bimal Jalan committee, constituted to assess the adequate size of capital reserves that the RBI should hold, submitted its report today
RBI Board meeting today to finalise annual accounts, to take up Bimal Jalan committee's recommendation
Fp Staff •The RBI follows a July-June financial year and the dividend is usually distributed in August after annual accounts are finalised
RBI Financial Stability Report: There is good news and bad news, but where is the plan of action?
Madan •The Financial Stability Report analyses threadbare the overall state of the various segments as well as highlights the risk-related issues
Bimal Jalan panel on RBI's capital size again defers report submission deadline till Budget next month
•The six-member panel, under former RBI governor Jalan, was appointed on 26 December, 2018, to review the Economic Capital Framework (ECF) for the RBI