Bimal Jalan panel on RBI capital reserves to submit report shortly: Das

The six-member committee was appointed after Prime Minister Narendra Modi's government insisted on a new policy for reserves held by the RBI and the distribution of dividends.

The committee set up to review the Reserve Bank of India's economic capital framework will shortly submit its report, governor Shaktikanta Das said Thursday.

Former RBI governor Bimal Jalan was appointed to lead the six-member committee on December 26, 2018 after Prime Minister Narendra Modi’s government insisted on a new policy for reserves held by the RBI and the distribution of dividends.

The other key members of the committee include vice-chairman Rakesh Mohan, a former RBI deputy governor, finance secretary Subhash Chandra Garg, RBI deputy governor NS Vishwanathan, and two RBI central board members: Bharat Doshi and Sudhir Mankad.

"I had a discussion