Page 2 - Bimal Jalan

RBI balance sheet must be strong, says Bimal Jalan committee report

To maintain resilience, the committee suggested a relatively smaller transfer than what was anticipated.

RBI approves a record Rs 1.76 trillion surplus transfer to government

The surplus transfer, commonly called as "dividend" to the government, is almost double of the previous record of Rs 65,896 crore

Explained: How Bimal Jalan committee report saw the light of day

Subhash Chandra Garg was expecting around Rs 1.5 trillion from the RBI

RBI accepts Jalan panel report, okays Rs 1.76 trn surplus transfer to govt

This follows the RBI board accepting the recommendation of a high-level panel headed by its former Governor Bimal Jalan on transfer of excess reserves to the government.

RBI board to meet today; likely to take up Bimal Jalan committee report

Jalan committee has recommended transferring the RBI's surplus reserves to the government in a staggered manner over three-five years.

Jalan committee finalises report on RBI reserves; board meet on Aug 23

The Jalan committee report will not have the views of former finance and economic affairs secretary Subhash Chandra Garg

Jalan panel may suggest transfer of RBI's surplus in tranches over 3-5 yrs

According to various estimates, the RBI has over Rs 9 trillion of surplus capital with it

Top events of the day: Jalan panel meet on RBI framework, WPI data and more

From Delhi HC hearing on AgustaWestland case to June quarter results, Business Standard brings you top events of the day

Jalan panel reviewing RBI's economic capital framework to meet on Wednesday

This will be the first meeting of the six-member expert committee since Subhash Chandra Garg was abruptly shifted from finance to power ministry last month

It will take 1-2 years to come out of economic slowdown: Bimal Jalan

The former RBI governor shares his views on the slowdown.

Economic slowdown is cyclical; growth will pick up in 1-2 yrs: Bimal Jalan

Jalan further said the government has already announced many reforms, and it is now a question of implementation, particularly in terms of investment

Tax rise for high earners may trigger fund flight from India: Bimal Jalan

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%.

Retirement decision not linked to transfer, says ex-finance secy S C Garg

He says no one in govt had opposed sovereign bonds

Ex-RBI chief backs govt's plan to raise $10 bn from first foreign bond sale

Former Reserve Bank of India Governor Bimal Jalan joined the debate on whether or not the nation should go for an offshore bond sale

In RBI vs Finance Ministry fight, dissent takes the spotlight

According to reports, Finance Secretary will be putting up a dissent note in Jalan committee report and he is not going to be the first one to put in a dissent note in a financial sector report

No windfall gain

Transfers from RBI are unlikely to change fiscal reality

Jalan panel proposes 'nominal' transfer of RBI funds to govt over 3-5 years

The committee has recommended a periodic review of the RBI's economic capital framework, according to a source

Jalan panel to suggest RBI transfer surplus capital to govt in over 3-5 yrs

The surplus capital transfer would help the government meet its fiscal deficit target as it will come as a windfall to the exchequer

Letter to BS: Present level of RBI's share capital and reserves is not huge

Interference by finance ministry in the working of Reserve Bank of India is glaring

Jalan panel seeks to convince Subhash Garg to tone down dissent note

Garg wants the panel to recommend tapping the 'unrealised gains' in the revaluation accounts of the central bank, while Jalan is not in favour of it