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Sunday, January 13, 2019

RBI panel may discuss phased transfer of reserves

Members of the expert committee on the economic capital framework are discussing how much of the RBI’s excess funds can be given to the government, the person said, asking not to be identified because the talks are confidential. If the surplus is transferred in installments over two to three years, the matter won’t be as politicized, the person said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2SP8Q3Z

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