Former RBI Governor Bimal Jalan to head expert panel on Economic Capital Framework

More than a month after its board decided to constitute an expert panel to decide on appropriate size of RBI’s reserves, the central bank Wednesday constituted a six-member committee headed by former Governor Bimal Jalan with former secretary Rakesh Mohan as the vice chair.

The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan, the RBI said in a statement.

More than a month after its board decided to constitute an expert panel to decide on appropriate size of RBI’s reserves, the central bank Wednesday constituted a six-member committee headed by former Governor Bimal Jalan with former secretary Rakesh Mohan as the vice chair. The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan, the RBI said in a statement.

Also read| After Arun Jaitley says moving towards standard GST rate, Chidambaram asks why govt’s goals are changing

Bharat Doshi and Sudhir Mankad who are members of the central board of the RBI, will be other two members of the expert committee on Economic Capital Framework.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.