RBI panel defers reserves report for fourth time
Highlights
- The six-member panel is headed by Former RBI governor Bimal Jalan
- The RBI panel was originally supposed to submit the report in April, delayed it for the fourth time due to lack of consensus
(File photo)NEW DELHI: A Reserve Bank of India (RBI) panel deciding on guidelines for transfer of the central bank’s surplus funds to the government has further delayed submitting its report, an official said on Monday.
The six-member panel, headed by Former RBI governor Bimal Jalan, which was originally supposed to submit the report in April, delayed it for the fourth time due to lack of consensus.
The panel will submit the report after the Union Budget in July, the official said.
The six-member panel, headed by Former RBI governor Bimal Jalan, which was originally supposed to submit the report in April, delayed it for the fourth time due to lack of consensus.
The panel will submit the report after the Union Budget in July, the official said.
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