New Delhi, May 7 -- The 15th Finance Commission will meet the RBI Governor, banks and financial institutions in a two-day meet in Mumbai, from Wednesday to discuss the transfer of central bank's surplus capital to the government, among other issues.
The Commission, with N.K. Singh at the helm, will discuss the possible scenarios of the Bimal Jalan Committee Report on surplus capital available with the Reserve Bank of India (RBI) for transfer to the government, the official statement said.
Besides, the RBI's own assessment of the dividends and surpluses that can be transferred to the government during the award period of the Fifteenth Finance Commission (FCXV) will also be discussed.
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