RBI's excess capital should be used to recapitalise banks: Arvind Subramanian
Subramanian says he realises that in making this suggestion he is up against all the eminent current and former RBI officials, who argue that the RBI actually needs all the capital it has, but they are wrong.
Nov 30, 2018, 12:35 PM ISTRBI can transfer Rs 1- trillion of excess reserves to government: Report
An RBI board meeting had last Monday decided to form a committee, which is likely to be announced later this week.
Nov 26, 2018, 18:14 PM IST