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economic capital framework
Rich RBI, unregulated banks, and poor customers
In recent years, the Reserve Bank of India’s transfer of surplus funds to the Centre has been impressive. For instance, in 2017-18 and 2018-19, the central bank’s transfers to the Centre were Rs 50,000 crore and Rs 1.23 lakh crore (plus Rs 52,000 crore of excess provisions as per the revised Economic Capital Framework) respectively. These transfers sparked considerable debate among economists, and perhaps also the exit of former RBI governor Urjit Patel.
15 October 2019, 23:06 IST
Rich RBI, unregulated banks, and poor customers
15 October 2019, 23:06 IST
Jalan panel holds submission of RBI capital size report
The Bimal Jalan committee, which is looking into the size of capital reserves that the RBI should hold, Monday again deferred its report submission deadline till Budget next month.
24 June 2019, 14:48 IST
Jalan panel holds submission of RBI capital size report
24 June 2019, 14:48 IST
RBI to appoint ECF members this week
The government and the Reserve Bank of India (RBI) will likely by this week appoint members of an expert committee which will look into the economic capital framework (ECF) of the central bank, a source said.
25 November 2018, 18:15 IST
RBI to appoint ECF members this week
25 November 2018, 18:15 IST