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BQ Exclusive: RBI Panel May Not Suggest Large Surplus Transfer To Government
RBI panel may not suggest large surplus transfer to government
29 May 2019, 08:44 AM IST
A panel set up to review the economic capital framework of the Reserve Bank of India may not recommend a large transfer from the central bank’s existing reserves to the government, said a person directly familiar with the matter.While the panel may recommend tweaking some of the rules that determine the amount of reserves held by the central bank, these changes may not result in a significant one-time transfer, this person said on th...
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