RBI Can Transfer Rs 1 Lakh Crore Of Excess Reserves To Government: BofAML
Union Finance Minister Arun Jaitley holding a meeting with the officials of Department of Financial Services and RBI in New Delhi on Friday (Photographer: Manvender Vashist/PTI)

RBI Can Transfer Rs 1 Lakh Crore Of Excess Reserves To Government: BofAML

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The Reserve Bank of India has "more than adequate" reserves and that it can transfer over Rs 1 lakh crore to the government after a specially constituted panel identifies the "excess capital", acco...
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