Jalan panel to hold 2 more meets before final report on RBI capital size

A high-level panel looking into appropriate capital reserves the RBI should maintain will hold at least two more meetings before finalising the report, former Reserve Bank governor Bimal Jalan, who is heading the committee, said.

The six-member Jalan panel was appointed on December 26, 2018, to review the Economic Capital Framework for the RBI. The committee was supposed to submit its report in 90 days from the first day of its meeting, which held on January 8.

"At the moment, it is in the process ... We will have at least two more meetings," he said when asked whether the committee has