The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan. More than a month after its board decided to constitute an expert panel to decide......
It also recommended that the RBI accounting year (July-June) may be brought in sync with the fiscal year (April to March) from the financial year 2020-21 as it could reduce the need for interim......
Garg had refused to sign on the report finalised by the former Reserve Bank of India governor Bimal Jalan-led committee reviewing the central bank’s economic capital framework (ECF). IMAGE:......
The main difference of opinion between RBI and FinMin is over the transfer of the RBI’s ‘excess’ capital reserves.The Jalan panel seeks to convince finance secretary Subhash......
The Reserve Bank on Wednesday approved the highest-ever dividend payout of Rs 2.11 lakh crore to the central government for 2023-24, a decision which will help better manage the fiscal deficit.......