Economic Capital Framework

By Suyash Choudhary The RBI board accepted the recommendations of the Bimal Jalan committee and has decided to transfer Rs 1,76,051 crore to the government. This is broken as Rs 1,23,414 crore as surplus for year 2018-19 and another Rs…

Mumbai, Aug 26 (IANS) A meeting of the RBI Board is currently underway to consider the Bimal Jalan Committee's recommendations on the Economic Capital Framework (ECF), or the quantum of reserves the central bank should retain, as also its…