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Bimal Jalan (born 17 August 1941) [citation needed] is a former Governor of Reserve Bank of India and was a nominated member of the Upper House of India's Parliament, the Rajya Sabha during 2003–2009.
Dr.Bimal Jalan was the Governor of the Reserve Bank of India from November 22, 1997 to Septemeber 6, 2003. Initially appointed as Governor, for a term of three years ...
Bimal Jalan: 22 November 1997 — 6 September 2003 5 years, 288 days Jalan is an economist who served at various positions including Chief Economic Advisor to the government and later as the Finance Secretary, prior to becoming the governor. His governorship oversaw less inflation and interest rates. 21 Y. V. Reddy
Aug 26, 2019 · Press Releases. (242 kb) Date : Aug 26, 2019. RBI Central Board accepts Bimal Jalan Committee recommendations and approves surplus transfer to the Government. The Central Board of the Reserve Bank of India (RBI) today decided to transfer a sum of ₹1,76,051 crore to the Government of India (Government) comprising of ₹1,23,414 crore of ...
Dec 31, 2018 · A six-member committee headed by former RBI Governor Bimal Jalan reviews the economic capital framework of the RBI, which includes reserves and buffers. The committee aims to propose a suitable profit distribution policy and address the government-RBI conflict over surplus reserves.
Jul 17, 2019 · The report of the committee, headed by former RBI Governor Bimal Jalan, was finalised on Wednesday after a meeting in New Delhi and will be submitted to the central bank “very soon”. The report is also expected to reflect the differences among the panel members over the treatment of RBI’s excess reserves.
Aug 28, 2019 · The Bimal Jalan-led panel recommended holistic risk capital frameworks to assess the adequacy of RBI reserves. Some recommendations of the committee: RBI to maintain the Contingency Risk Buffer (CRB) , which is the country’s fund to handle financial stability within the range of 5.5% to 6.5% of the RBI’s balance sheet.
