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RBI excess capital News

RBI excess capital

30 Nov 2018

RBI's excess capital should be used to recapitalise banks: Arvind Subramanian

Subramanian says he realises that in making this suggestion he is up against all the eminent current and former RBI officials, who argue that the RBI actually needs all the capital it has, but they are wrong.

26 Nov 2018

RBI can transfer Rs 1- trillion of excess reserves to government: Report

An RBI board meeting had last Monday decided to form a committee, which is likely to be announced later this week.

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