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Jalan panel report on surplus RBI reserves 'finalised'; here's what we know

The six-member Bimal Jalan committee - formed December, 2018 to review the economic capital framework (ECF) for the Reserve Bank of India after the finance ministry wanted the central bank to follow global best practices and transfer more surplus to the government, is recommending that surplus reserves held by the RBI be transferred to the government in tranches over three to five years. Watch this video to know more. (Text: PTI/ET Bureau)
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