Subhash Chandra Garg's exit: Jalan panel seeks RBI's views on ECF report

Former Finance and Economic Affairs Secretary Subhash Chandra Garg had refused to sign on the report finalised by the former Reserve Bank of India (RBI) governor Bimal Jalan-led committee reviewing the central bank’s economic capital framework (ECF), sources familiar with the development said.
 
The panel has now sought the RBI's views on the way forward as Garg leaves the ministry.
 
“The committee is facing a peculiar situation. Garg didn't agree to the committee's findings and didn't sign the report in its concluding meeting. He told the panel that he will take up the matter separately with the RBI's