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The Bimal Jalan committee binds RBI transfers to the government

Summary:
In early August, RBI announced that it will transfer Rs 571 billion to the Government as this year dividend. In its Annual Report released few days ago, we got the mechanics of transfer. My new Moneycontrol piece which notes how rules framed under Bimal Jalan Committee has bound the RBI transfers. This entry was posted on August 27, 2020 at 2:43 pm and is filed under Central Banks / Monetary Policy, Indian Economy/Financial Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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In early August, RBI announced that it will transfer Rs 571 billion to the Government as this year dividend.

In its Annual Report released few days ago, we got the mechanics of transfer.

My new Moneycontrol piece which notes how rules framed under Bimal Jalan Committee has bound the RBI transfers.

Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

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