capital framework

Govt likely to use Rs 3 trillion RBI windfall to pay regular bills

Market expectations suggest Rs 3 lakh crore distributed staggered over years.

Former RBI governor Bimal Jalan to lead economic capital framework review

Jalan will lead a six-member committee which will review the status, need and justification of various provisions.

Patel parries all questions about spat with govt

Section 7 of the RBI Act which empowers government to direct the central bank to undertake certain policy measures in public interest.

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