Mon, Jun 24, 2019
The Bimal Jalan committee, which is looking into the size of capital reserves that the RBI should hold, Monday again deferred its report submission deadline till Budget next month.
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Fri, Apr 05, 2019
A senior Finance Ministry source said that the central bank's profit distribution policy as suggested by the Jalan committee report, if accepted, will be applicable on the current as well as future surplus reserves of the RBI.
Tue, Oct 16, 2018
On employment opportunities front, Jalan said not enough jobs are being created. The banking sector is grappling with the problem of bad loans, he added.
Fri, Dec 08, 2017
The government has targeted a 3.2 per cent of GDP fiscal deficit target for the current fiscal. There are serious concern on achieving this year given the precarious revenue collection position following the implementation of the goods and services tax, which has put a slew of sectors in the lurch. Fiscal deficit is the gap between revenue expenditure and revenue receipts.
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