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Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
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Rs 1.76 Lakh Crore RBI Transfer Positive For Economy: Soumya Kanti Ghosh
The transfer of surplus and excess dividend is in line with the recommendations of the Bimal Jalan Committee, which was tasked to review the Economic Capital Framework of the RBI.
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Amid Slowing Growth, RBI's Rs 1.76 Lakh-Crore Payout To Government: 10 Points
The Reserve Bank of India (RBI) on Monday approved a payout of Rs 1.76 lakh crore to the government from its surplus and reserves, after an expert committee chaired by former Governor Bimal Jalan made its recommendations to the central bank. The record transfer, including a surplus of Rs 1.23 lakh crore for 2018-19, will boost the government's fina...
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RBI's Rs 1.76 Lakh Crore Payout To Help Government Manage Fiscal Deficit
Finance Minister Nirmala Sitharaman last week announced various steps to spur growth including hastening capital infusion in state-run lenders even as she strives to meet a narrower fiscal gap goal of 3.3% of gross domestic product.
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RBI Approves Surplus Transfer Of Rs 1.76 Lakh Crore To Government
The amount of transfer this year is more than double the Rs 68,000 crore that it provided in the previous year.
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RBI Employees Ask To Seek Consensus On Bimal Jalan Panel Report
The panel's report states how much reserves the RBI should retain and also the dividend payment to the government.
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Tax Rise For High Earners May Trigger Fund Flight, Says Ex-RBI Governor
Finance Minister Nirmala Sitharaman, in her budget this month, raised taxes on people earning more than Rs 1 crore a year to at least 42.7 per cent.
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Bimal Jalan Panel To Meet Again On RBI Funds Transfer
On July 18, the panel had met for the last time to decide on the exact amount of transfer to government by the RBI and the overall consensus was to transfer it over three to five years and not in one go, which Mr Garg had objected to.
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Government Sole Owner Of RBI Profits, Says RSS Body
The government had set up a six-member committee headed by former RBI Governor Bimal Jalan to examine RBI's requirements on provisions.
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Discussed Voluntary Retirement With PM's Office On July 18: S C Garg
Asked whether his VRS proposal is accepted by the government, he replied that there is a due process and the proposal is under consideration as it takes time.
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Bimal Jalan Panel Report On Transfer Of RBI Funds To Be Submitted "Very Soon": Report
The reserve panel has suggested transfer of funds from RBI in tranches over 3-5 years, according to the report
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Bimal Jalan Panel May Recommend Rs 50,000 Crore Transfer From Contingency Fund: Report
While the Centre is keen on the entire contingency fund -- Rs 2.32 lakh crore, the Jalan panel is not inclined to transfer the entire fund reserve
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RBI Panel Again Defers Report On Transfer Of Surplus Funds To Government
The six-member panel, headed by Former RBI Governor Bimal Jalan, which was originally supposed to submit the report in April.
-
RBI Panel Defers Reserves Report For Third Time
The six-member panel, headed by Former RBI Governor Bimal Jalan, which was originally supposed to submit the report in April
-
Government Panel On RBI's Reserves Likely To Submit Report By June End: Official
The panel has sought an extension over the stipulated 90 days period to finalise the report, Bimal Jalan, the head of the panel, told reporters.
-
Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
-
Rs 1.76 Lakh Crore RBI Transfer Positive For Economy: Soumya Kanti Ghosh
The transfer of surplus and excess dividend is in line with the recommendations of the Bimal Jalan Committee, which was tasked to review the Economic Capital Framework of the RBI.
-
Amid Slowing Growth, RBI's Rs 1.76 Lakh-Crore Payout To Government: 10 Points
The Reserve Bank of India (RBI) on Monday approved a payout of Rs 1.76 lakh crore to the government from its surplus and reserves, after an expert committee chaired by former Governor Bimal Jalan made its recommendations to the central bank. The record transfer, including a surplus of Rs 1.23 lakh crore for 2018-19, will boost the government's fina...
-
RBI's Rs 1.76 Lakh Crore Payout To Help Government Manage Fiscal Deficit
Finance Minister Nirmala Sitharaman last week announced various steps to spur growth including hastening capital infusion in state-run lenders even as she strives to meet a narrower fiscal gap goal of 3.3% of gross domestic product.
-
RBI Approves Surplus Transfer Of Rs 1.76 Lakh Crore To Government
The amount of transfer this year is more than double the Rs 68,000 crore that it provided in the previous year.
-
RBI Employees Ask To Seek Consensus On Bimal Jalan Panel Report
The panel's report states how much reserves the RBI should retain and also the dividend payment to the government.
-
Tax Rise For High Earners May Trigger Fund Flight, Says Ex-RBI Governor
Finance Minister Nirmala Sitharaman, in her budget this month, raised taxes on people earning more than Rs 1 crore a year to at least 42.7 per cent.
-
Bimal Jalan Panel To Meet Again On RBI Funds Transfer
On July 18, the panel had met for the last time to decide on the exact amount of transfer to government by the RBI and the overall consensus was to transfer it over three to five years and not in one go, which Mr Garg had objected to.
-
Government Sole Owner Of RBI Profits, Says RSS Body
The government had set up a six-member committee headed by former RBI Governor Bimal Jalan to examine RBI's requirements on provisions.
-
Discussed Voluntary Retirement With PM's Office On July 18: S C Garg
Asked whether his VRS proposal is accepted by the government, he replied that there is a due process and the proposal is under consideration as it takes time.
-
Bimal Jalan Panel Report On Transfer Of RBI Funds To Be Submitted "Very Soon": Report
The reserve panel has suggested transfer of funds from RBI in tranches over 3-5 years, according to the report
-
Bimal Jalan Panel May Recommend Rs 50,000 Crore Transfer From Contingency Fund: Report
While the Centre is keen on the entire contingency fund -- Rs 2.32 lakh crore, the Jalan panel is not inclined to transfer the entire fund reserve
-
RBI Panel Again Defers Report On Transfer Of Surplus Funds To Government
The six-member panel, headed by Former RBI Governor Bimal Jalan, which was originally supposed to submit the report in April.
-
RBI Panel Defers Reserves Report For Third Time
The six-member panel, headed by Former RBI Governor Bimal Jalan, which was originally supposed to submit the report in April
-
Government Panel On RBI's Reserves Likely To Submit Report By June End: Official
The panel has sought an extension over the stipulated 90 days period to finalise the report, Bimal Jalan, the head of the panel, told reporters.
