Economic Capital Framework

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

RBI Board meeting today to finalise annual accounts, to take up Bimal Jalan committee's recommendation

The RBI follows a July-June financial year and the dividend is usually distributed in August after annual accounts are finalised

RBI capital transfer: Bimal Jalan panel likely to get extension to finalise report; govt to replace its representative after SC Garg's transfer

The government and the RBI, during the tenure of the previous governor Urjit Patel, had been at loggerheads over the surplus capital with the central bank.

Subhash Chandra Garg’s exit and Bimal Jalan report: Did dissent on surplus transfer trigger top official’s ouster from FinMin?

The ECF is one issue, but Garg has spearheaded too many controversial battles for the Finance Ministry with the RBI.

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 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

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

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

Bimal Jalan panel to hold at least 2 more meets before final report on RBI capital reserves size

A high-level panel looking into appropriate capital reserves the RBI should maintain will hold at least two more meetings before finalising the report, former Reserve Bank governor Bimal Jalan, who is heading the committee, said

RBI accountable to govt, differences must be resolved internally in country’s interest: Bimal Jalan

The government also wants the RBI to release more liquidity to the shadow banking sector and relax its provisioning norms for banks.