Business Standard

Letter to BS: Here are a few aspects that deserve Jalan panel's attention

The approach is transparently conciliatory

Bimal Jalan

Bimal Jalan (pictured), former RBI governor, also pitched for a rating upgrade for India due to a number of steps taken by the government

Business Standard
This refers to the report “Jalan-led panel to take call on reserves transfer” (December 27). It is heartening to find that the Reserve Bank of India (RBI) under the new governor Shaktikanta Das has shown the magnanimity and chosen to include both Bimal Jalan (pictured) and Rakesh Mohan in the Economic Capital Framework (ECF) panel. This has put to rest speculation in media about the differences between the government  and the RBI on who should man the panel. The approach is transparently conciliatory. 

Here are a few aspects that deserve the Jalan panel’s attention. 

1) The RBI’s share capital has remained static

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First Published: Dec 27 2018 | 9:10 PM IST

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