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Jalan panel defers report on RBI surplus funds over difference of opinion

Reuters/Bengaluru 12 Jun 19 | 03:35 PM

A Reserve Bank of India panel deciding on guidelines for transfer of the central bank's surplus funds to the government delayed submitting its report on Wednesday, due to a difference of opinion, officials said.

The six-member panel, headed by former RBI Governor Bimal Jalan, was originally supposed to submit the report in April, delayed it for a third time due to lack of consensus.

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