Tag: Financial Sector

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RBI's excess capital should be used to recapitalise banks: Arvind Subramanian

New Delhi: In the midst of a government-Reserve Bank of India (RBI) tussle over utilisation of capital reserves of the central bank, former Chief Economic Advisor Arvind Subramanian strongly supports the government’s view, saying the RBI is holding excess capital between Rs 4.5 and Rs 7 lakh crore which should be used to recapitalise the […]

  • Friday, 09 July 2021
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