Bimal Jalan panel report on surplus RBI reserves ‘finalised’

Bimal Jalan led six-member panel on Economic Capital Framework (ECF), formed by RBI has finalised its report on surplus RBI reserves. The panel has recommended that surplus reserves held by the central bank should be transferred to the government in tranches over three to five years. 

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:

  • RBI Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

Source: The Economic Times

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