The ECF, which determines the central bank’s surplus transfer to the government, was one of the contentious issues in the much-hyped tussle late last year between the finance ministry and former RBI governor Urjit Patel.
from The Financial ExpressThe Financial Express https://ift.tt/2xPDLUH
Wednesday, 17 July 2019
RBI’s surplus panel for staggered transfer over 5 years
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