Feb 16, 2021 04:53 PM IST
Asked whether India will be able achieve a $5-trillion economy target by 2024-25, former RBI governor Bimal Jalan said, "We are in 2021. So, four years are there and as of now, it does not seem that we will be able to reach that target."
- Aug 29, 2019 05:47 PM IST
The apex bank's interest income grew 44.62 percent to Rs 1.06 lakh crore and other income rose to Rs 86,199 crore as on June 30, 2019, from Rs 4410 crore a year ago.
- Aug 29, 2019 08:42 AM IST
In 2006–07, 75 per cent of RBI’s revaluation balances were wiped out, amounting to 1.5 per cent of GDP
- Aug 14, 2019 04:55 PM IST
The panel, headed by the former RBI governor, will not meet again, and the report will be submitted to the RBI in the next few days.
- Aug 05, 2019 08:43 PM IST
The panel is likely to suggest a phased transfer of the RBI's excess funds to the government.
- Jul 25, 2019 02:29 PM IST
"The panel may need to take Finance Ministry's view again on RBI's surplus transfer since Garg was dissenting with the initial report," the official told Moneycontrol.
- Jul 18, 2019 07:56 PM IST
In this episode of Editor's Take, Stanford Masters talks to Ravi Krishnan on how the Jalan panel should move forward into fixing upon the right way to transfer the RBI surplus.
- Jul 17, 2019 02:22 PM IST
The panel is looking into the size of capital reserves that the RBI should hold.
- Jun 12, 2019 04:09 PM IST
In December last year, the central bank set up a committee on ECF, which was expected to submit its report within 90 days from the date of its first meeting
- Feb 06, 2019 01:38 PM IST
RBI’s expert committee clearly has a tough job on its hands.
- Jan 08, 2019 02:34 PM IST
The panel has been entrusted with the task of reviewing the best practices followed by central banks worldwide in making assessment and provisions for risks which a central bank balance sheets are subject to.
- Dec 26, 2018 08:15 PM IST
Former secretary Rakesh Mohan has been named the vice chairman of RBI panel. It will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor NS Vishwanathan, the RBI said in a statement.
- Oct 16, 2018 08:05 AM IST
Former RBI Governor Bimal Jalan said the government needs to focus on jobs creation and stressed that the long-term prospects for economic growth are good. Also, he said the Narendra Modi-led government has a majority and can take tough decisions.
- Jan 22, 2018 09:34 AM IST
“Basic income, in its essence, has to be above the poverty line. It surely is a good idea. I think the economy is ready for it. It can be implemented over a period of two years. In terms of subsidies, we can begin by reducing subsidies and merging them,” said Jalan.
- Dec 08, 2017 02:26 PM IST
"There is a fixation somehow among all of us to have target-related fiscal policy, fiscal deficit, how much it should be, why it should be, what is the trade-off between what you say growth and inflation and so on," he said speaking at a seminar at the RBI-promoted IGIDR (Indira Gandhi Institute of Development Research) in Mumbai.
- Dec 08, 2017 01:52 PM IST
"There is a fixation somehow among all of us to have a target-related fiscal policy, fiscal deficit, how much it should be, why it should be, and what is the trade-off between what you say growth and inflation and so on," he said speaking at a seminar at the RBI-promoted IGIDR here.
- Jun 28, 2017 08:20 AM IST
"Inflation targeting is fine for countries like the US and the UK. But we (India) are dependent on rain, import of oil from Gulf countries. In India, there is no point in setting inflation target," Jalan said at a function to release a book written by former RBI Governor Y V Reddy.
- Mar 21, 2017 05:34 PM IST
CNBC-TV18 will felicitate the leaders who have led the country’s glorious journey from the front, in the 12th edition of CNBC-TV18's India Business Leader Awards (IBLA) on March 23. The business leadership awards recognise leaders who create and sustain entrepreneurial initiatives, develop best practices and carve out powerful businesses in the global economy.
- Jan 18, 2017 08:48 PM IST
In his first address to the staff after taking over as the 24th Governor on September 4, 2016, Patel, in an email, said the RBI has achieved the excellence only because of the collective efforts of its employees.
- Jan 13, 2017 09:44 PM IST
Feeling "humiliated" by events since demonetisation, RBI employees today wrote to Governor Urjit Patel protesting against operational "mismanagement" in the exercise and Government impinging its autonomy by appointing an official for currency coordination.
- Jan 10, 2017 10:45 AM IST
Speaking to CNBC-TV18 Former RBI Governor Bimal Jalan said that while everybody concedes that the growth rate will go down, the magnitude of the fall varies.
- Dec 30, 2016 08:44 PM IST
Addressing the media on the last day of depositing the invalid notes in banks, Chidambaram also demanded that the agenda and minutes of the crucial RBI Board meeting along with the Cabinet Note of demonetisation be made public.
- Dec 14, 2016 10:37 AM IST
Jalan was RBI governor from 1997 to 2003, coinciding with the first NDA government of Atal Bihari Vajpayee.
- Jul 25, 2016 10:31 PM IST
Watch the interview of Bimal Jalan Former Governor, RBI Chairman, PMEAC - 1991 to CNBC-TV18, in which he shared his thoughts on 25 years of reforms in India and its impact on Indian economy.
- Jul 01, 2016 09:01 PM IST
This day, 25 years ago, India let its currency fall roughly 20 percent in a single day. This was followed by an economic reforms package that finally unschackled India from the grip of socialism.