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Economic capital framework virtually finalised, says Subhash Chandra Garg


Devdiscourse News Desk new delhi India
Updated: 19-12-2018 19:10 IST
Economic capital framework virtually finalised, says Subhash Chandra Garg

"Hopefully soon, it will be announced," he said on the sidelines of an event here. (Image Credit: Twitter)

Economic Affairs Secretary Subhash Chandra Garg Wednesday said the government will seek interim dividend from the Reserve Bank of India.

He also said that the expert committee on Economic Capital Framework has virtually been finalised.

"Hopefully soon, it will be announced," he said on the sidelines of an event here.

On a question whether the government will make an additional capital infusion in the public sector banks, Garg said, "Yes...wait for supplementary demand for grants expected tomorrow.

(With inputs from agencies.)

COUNTRY : India

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