Extension for Bimal Jalan Committee

  • On 14th May, 2019, Bimal Jalan committee informed that it will submit its report in June, 2019.
  • Initially, the panel was supposed to submit the report in 90 days from the holding of its first meeting, before getting an extension of its term.

About Committee

  • The committee was appointed on 26 December, 2018, to review the best practices followed by central banks worldwide in making assessment and provisions for risks, which central bank balance sheets are subject to.
  • The panel would review the status, need and justification of various provisions, reserves and buffers held by the RBI and would suggest an adequate ....
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