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RBI Board meet on Monday to mull over Jalan panel report
TIWN
TIWN
PHOTO : TIWN
Mumbai, Aug 25 (TIWN) The RBI Board meeting on Monday to finalise its annual accounts, is also likely to take up the Bimal Jalan panel's recommendations on Economic Capital Framework (ECF) along with the dividend payment to the government, sources said.
The Jalan panel had submitted its report to the RBI Governor on Friday. The report, which recommends transfer of surplus reserves to the government in a staggered manner over three-five years based on a predetermined formula, may be put on the Reserve Bank of India (RBI) website later for public access.
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