Business Standard

Rbi Surplus

RBI transfers its surplus to the govt, but the deficit is just too wide

The amount may not be very significant in terms of supporting the govt finances as it would be around 0.25% of GDP against an expected fiscal deficit of close to 8% for 2020-21

RBI transfers its surplus to the govt, but the deficit is just too wide
Updated On : 14 Aug 2020 | 5:16 PM IST

RBI could have gone for higher risk provisioning, says Rakesh Mohan

This year's surplus was higher than usual and therefore, a large transfer in any case was going to happen, says Mohan

RBI could have gone for higher risk provisioning, says Rakesh Mohan
Updated On : 30 Aug 2019 | 1:16 AM IST

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

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

Explained: How Bimal Jalan committee report saw the light of day
Updated On : 27 Aug 2019 | 1:34 AM IST

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

Jalan panel may suggest transfer of RBI's surplus in tranches over 3-5 yrs
Updated On : 14 Aug 2019 | 5:08 PM IST

Govt likely to use Rs 3-trillion RBI windfall to pay regular bills: Report

The report said there is a 45 per cent probability for the money to be used for regular government spending and only 20 per cent chance that it will be used for bank recapitalisation

Govt likely to use Rs 3-trillion RBI windfall to pay regular bills: Report
Updated On : 25 Jun 2019 | 5:28 PM IST

Jalan panel report on RBI's capital size to be finalised by June-end: Das

The ECF panel constituted by the RBI was mandated to submit its report within 90 days of its first meeting, which took place on January 8. Following this, the panel was given a three-month extension

Jalan panel report on RBI's capital size to be finalised by June-end: Das
Updated On : 19 Jun 2019 | 8:17 PM IST

Letter to BS: Forcing RBI to transfer pre-determined amount is unwarranted

The RBI needs to build up its reserves to deal with volatility in the markets it oversees as well as to handle the government borrowing programmes, among other things

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Updated On : 25 Jul 2018 | 10:56 PM IST