Capital Reserves

RBI reserve should be used to fix financial system, says former CEA Arvind Subramanian

"If the reserve is used for deficit financing that would amount to raiding RBI and I would be extremely dissatisfied and disappointed with it," Arvind Subramanian said

RBI can transfer Rs 1 lakh crore of excess reserves to govt: Bank of America Merrill Lynch report

"We expect the proposed committee on the RBI's economic capital framework (ECF) to identify Rs 1-3 trillion which is 0.5-1.6 percent of GDP as excess capital," analysts at Bank of America Merrill Lynch said in a note on Monday.

RBI Board meet: Govt wants to capture central bank to gain control of its Rs 9 lakh cr reserves, says P Chidambaram

In a series of tweets, the former finance minister also claimed that the government and the Reserve Bank of India (RBI) was heading towards a “confrontation” in the Monday's board meeting of the bank.

RBI complains too much; its role has been better defined, powers expanded over four years of Narendra Modi govt

Historically, finance ministers have sought to accelerate growth and boost credit, while RBI governors have prioritised stability and control of inflation.