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Bimal Jalan Committee On Economic Capital Framework

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RBI okays transfer of Rs 99,122 cr surplus to govt

The Reserve Bank of India approved paying a higher-than-expected Rs 99,122 crore to the government as a dividend, providing cushion to the state at a time when a crippling second wave of the novel......

RBI surplus transfer to govt at 44%; lowest in 7 years

The excess reserve transfer was in line with the recommendation of former RBI governor Bimal Jalan-led panel constituted to decide the size of capital reserves that the central bank should hold.......

As COVID decimates tax revenues, govt eyes higher RBI surplus this year

The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend. Illustration: Uttam......

Govt wants Rs 10,000 cr interim dividend from RBI to bridge fiscal gap

This demand comes at a time when the government is falling short of its revenue targets due to dwindling tax and low disinvestment receipts. It could account for the dividend in the upcoming Union......

A year of Shaktikanta Das: The hits & misses as RBI guv

As Das completes one year at the helm, woes in the NBFC sector, overall health of the banking sector and steeply falling economic growth are among the major challenges that needs to be tackled......

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