Fmr RBI Gov Bimal Jalan to head six-member panel on economic capital framework
Former RBI Governor Bimal Jalan to head six-member panel to decide on appropriate size of reserves to be maintained by RBI: Statement
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Best to set up a probe panel to see what more needs to be done in terms of sample size: Bimal Jalan
When we say that we are providing support for ration cards or for the shops for food, data show 50% is diverted, said Bimal Jalan, former RBI Governor, in an exclusive interview with Ruchi Bhatia of ETNOW.
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Watch Jaitley in LS: Bimal Jalan committee recommendations on RBI reserves will be key
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Jalan panel report on surplus RBI reserves 'finalised'; here's what we know | Economic Times
The six-member Bimal Jalan committee - formed December, 2018 to review the economic capital framework (ECF) for the Reserve Bank of India after the finance ministry wanted the central bank to follow global best practices and transfer more surplus to the government, is recommending that surplus reserves held by the RBI be transferred to the government in tranches over three to five years. Watch this video to know more. (Text: PTI/ET Bureau)
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Consensus eludes Jalan panel on RBI surplus, report delayed
The Reserve Bank of India (RBI) panel deciding on norms for transfer of the central bank's surplus funds to the government has further delayed submitting its report, an official said on Monday. As the differences continue among the RBI Economic Framework Capital (ECF) panel members over the distribution of the central bank's surplus reserves, the Bimal Jalan led-committee has sought more time to submit its report, the official source said.
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RBI accepts Jalan panel report, approves Rs 176 lakh crore surplus transfer to govt
The Reserve Bank of India (RBI) on Monday accepted Bimal Jalan committee recommendations and approved surplus transfer to the government.RBI board decided to transfer a sum of Rs 1,76,051 crore to the Government of India comprising of Rs 1,23,414 crore of surplus for the year 2018-19 and Rs 52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF) adopted at its board meeting.
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Parliamentary panel pulls up RBI, asks to review capital needs for banks
Parliament's standing committee on finance has come down heavily on RBI and has asked it to review the capital adequacy norms for banking sector. The Veerappa Moily headed panel report says that stringent capital adequacy norms for PSBs are unrealistic and unwarranted. The committee, in its report tabled in Parliament, has recommended "that all the offences under this Bill should be made cognisable and non-bailable and the same should be clearly mentioned in the Bill".
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RBI balance sheet in good shape even after capital transfer: Rakesh Mohan, former RBI deputy Guv
RBI has decided to transfer a surplus of 1.76 lk cr - almost double the estimated figure for FY20. ET NOW spoke to former RBI Guv Rakesh Mohan on the mechanics behind the decision. He is confident that RBI's balancesheet is in good shape, even after the capital transfer. Listen in!
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Govt of India releases revised guidelines for national COVID vaccination program, to be implemented from June 21. "Vaccine doses to be allocated to States/UTs based on population, disease burden & vaccination' progress. Wastage will affect allocation negatively," guidelines say.
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