Extracting Surpluses From RBI’s Revaluation Reserves
The RBI logo is displayed on a gate outside its regional headquarters in New Delhi, on July 8, 2019. (Photographer: T. Narayan/Bloomberg)

Extracting Surpluses From RBI’s Revaluation Reserves

BloombergQuintOpinion
A key recommendation of the Bimal Jalan committee that reviewed the Reserve Bank of India’s economic capital framework was a reiteration that the central bank should not distribute surpluses from i...
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