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Bimal Jalan Panel’s surplus transfer
July 19 , 2019
1986 days
856
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- The Bimal Jalan panel has decided to recommend the transfer of RBI’s surplus reserves to the government.
- It will be transferred in a staggered manner over 3-5 years.
- The transfer of surplus capital may help the government meet its fiscal deficit target.
- The recommendation for transfer of excess reserves includes both contingency and revaluation funds.
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