India Business News: "Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track. There is no proposal to ask RBI to transfer

Centre has not sought Rs 3.6 lakh crore from RBI, clarifies senior finance ministry official

Economic Affairs Secretary Subhash Chandra Garg claimed a report saying they had asked the central bank for the sum was ‘misinformed speculation’.

Govt not seeking Rs 3.6 lakh cr from RBI; misinformed speculation in media, says economic affairs secretary, S C Garg - Firstpost

Economic Affairs Secretary Subhash Chandra Garg said the only proposal

No Proposal From Government Seeking RBI's Surplus Reserves: Top Official

Government's fiscal math "is completely on track" and dismissed media reports that it was seeking Rs 3.6 lakh crore from RBI's reserves, says Subhash Chandra Garg, economic affairs secretary.

Government’s fiscal math on track, don’t need cash from RBI: Finance ministry | india news | Hindustan Times Government’s fiscal math on track, don’t need cash from RBI: Finance ministry

Economic affairs secretary in the finance ministry Subhash Chandra Garg tweeted amid Opposition allegations that government wants RBI to transfer money to it.

Govt, RBI in talks on economic capital framework

No proposal to ask RBI to transfer Rs 3.6 or Rs 1 lakh crore, as speculated: Economic affairs secretary Subhash Garg

The government Friday said it is not seeking Rs 3.6 lakh crore capital from the Reserve Bank but is only in discussion for fixing appropriate economic capital framework of the central bank. "Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track.

RBI-Government Spat: Are There Signs Of A Truce? RBI-Government Spat: Finance Ministry Seeks Review Of Central Bank Balance Sheet

Amid a stand-off between the government and the Reserve Bank of India, comments from a senior official may suggest the government’s willingness to arrive at a compromise.

Govt wants RBI to part with surplus reserves

The matter is pending before the board of the Reserve Bank of India and is likely to be taken up again at its next meeting on November 19