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Jalan panel report on RBI's capital size to be finalised by June-end: Das

The ECF panel constituted by the RBI was mandated to submit its report within 90 days of its first meeting, which took place on January 8. Following this, the panel was given a three-month extension

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RBI

Press Trust of India New Delhi
The Bimal Jalan committee, which is looking into the size of capital reserves that the RBI should hold, will have one more meeting before finalising its report to be submitted to the apex bank this month-end.

The six-member panel, under former RBI Governor Jalan, was appointed on December 26, 2018, to review the economic capital framework (ECF) for the Reserve Bank after the Finance Ministry wanted it to follow the global best practices and transfer more surplus to the government.

"Jalan panel report will come at the end of the month, and we have to wait for the report," RBI