Economic Capital Framework
RBI recently approved the transfer of Rs 1.76 lakh crore dividend and surplus reserves to the government which is in line with the recommendation of former RBI governor Bimal Jalan-led panel constituted in 2018 to review the RBI’s Economic Capital Framework (ECF).
- Economic Capital Framework refers to the risk capital required by the central bank while taking into account different risks. It is required as a counter against unforeseen risks or events or losses in the future.
Important Recommendations of Jalan Committee
- The RBI should maintain a Contingent Risk Buffer, which mostly comes from the Contingency Fund (CF), of between 5.5-6.5% ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
Indian Economy
- 1 Banning of Unregulated Deposit Schemes Act, 2019
- 2 Labour Code on Industrial Relations 2019
- 3 National Statistical Commission (NSC) Bill, 2019
- 4 Direct Tax Vivaad se Vishwas Bill, 2020
- 5 RBI'S 'Vision 2021' Document on Payment Systems
- 6 UK Sinha Report on Micro, Small and Medium Enterprises
- 7 Travel and Tourism Competitive Report
- 8 Global Microscope on Financial Inclusion Report 2019
- 9 World Employment and Social Outlook: Trends 2020 Report
- 10 Animal Husbandry Infrastructure Development Fund
